Marcus & Millichap Arranges Sale Of 18,800SF Industrial Building
CONROE, TEXAS, July 13, 2021 – 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 27493 Hanna Road, a 18,800-square-foot industrial property located in Conroe, Texas, according to Ford Noe, Regional Manager of the firm’s Houston office.
Adam Abushagur, Senior Managing Director Investments in in Marcus & Millichap’s Dallas office, Max Lozmack, Associate, Maria Z. Pappas, Associate and Shelby Smith, Associate in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Adam Abushagur, Max Lozmack and Maria Z. Pappas, investment specialists in Marcus & Millichap’s Dallas and Houston office. “Our team utilized the Marcus & Millichap platform to receive 14 total offers and close within a short timeline. Our competitive process allowed for nationwide exposure and secured offers from both local and out of state buyers. This was a great value-add multi-tenant deal for the buyer,” commented Abushagur.
27493 Hanna Road is located at 27493 Hanna Road in Conroe, Texas.
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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 8,954 transactions in 2020 with a value of approximately $43 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.