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Marcus & Millichap Arranges the Sale of A 29,205-Square Foot Retail Property

November 11, 2022

HOUSTON, TEXAS, November 11, 2022 – 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 Bissonnet Beltway Plaza, a 29,205-square foot retail property located in Houston, Texas, according to Ford Noe, Regional Manager of the firm’s Houston office.

Alex Wolansky and Gus Lagos, investment specialists in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller. The buyer, an individual/personal trust, was procured by Wolansky and Lagos.

“Through Marcus & Millichap’s exclusive marketing efforts, the team garnered multiple offers and closed on the sale within 75 days of beginning the marketing campaign at 99 percent of the asking price,” said Wolansky.

Bissonnet Beltway Plaza is located at 9990 Bissonnet Street in Houston, Texas.

 

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About Marcus & Millichap (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.

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