Marcus & Millichap Arranges Sale Of 24,241-SF Office Building
LEAGUE CITY, TEXAS, July 7, 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 South Shore Medical, a 24,241-square foot office property anchored by UTMB and located in League City, Texas, according to Ford Noe, Regional Manager of the firm’s Houston office.
James H. Bell, Senior Vice President Investments and Stewart Morris, Associate in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a private investor. “The seller received four competitive offers. The buyer, a private investor, was from California,” said Bell.
South Shore Medical is located at 6455 South Shore Boulevard in League City, 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.