Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 710-712 East Sunnyside Street, a 8,750-square foot industrial property located in Houston, Texas, according to Tim A. Speck, division manager in the firm’s Dallas office.

Adam Abushagur, senior vice president investments and Max Lozmack, associate, had the exclusive listing to market the property on behalf of the seller, a private investor.

“Despite a global health pandemic, the deal transacted with a 10-day total escrow period, representing strong industrial demand,” said Lozmack.

“Properties with vacancies remain an opportunity for many investors, with an active amount of owner-occupied interest in the market” said Abushagur.

710-712 East Sunnyside Street is situated on 0.43 acres and was built in 1982.

About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,726 transactions in 2019 with a value of approximately $50 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.