Press Releases
Marcus & Millichap Arranges Sale of Net-Leased Portillo’s Restaurant Property in Houston
July 30, 2025
HOUSTON, Texas, July 30, 2025 – 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 a net-leased Portillo’s restaurant property in Houston, Texas.
“Texas is quickly becoming Portillo’s largest market outside of Illinois, and this location highlights the brand’s ongoing expansion beyond the Midwest,” said Zack House, managing director investments. “Given its visibility, national co-tenancy and strong demographics, it’s a smart long-term investment for the buyer.”
House, Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a Texas limited liability company. Tim Speck is the firm’s broker of record in Texas.
Portillo’s, located at 7455 Cypress Creek Parkway, is a newly built, 6,166-square-foot restaurant on 1.65 acres. The property is secured by a 10-year absolute triple-net ground lease. Positioned across from the Commons at Willowbrook and anchored by Willowbrook Mall, the site is surrounded by national retailers including Macy’s, Chick-fil-A, Marshall’s and HomeGoods. Portillo's is a fast-casual restaurant concept known for its menu of iconic Chicago-style street food.
“Texas is quickly becoming Portillo’s largest market outside of Illinois, and this location highlights the brand’s ongoing expansion beyond the Midwest,” said Zack House, managing director investments. “Given its visibility, national co-tenancy and strong demographics, it’s a smart long-term investment for the buyer.”
House, Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a Texas limited liability company. Tim Speck is the firm’s broker of record in Texas.
Portillo’s, located at 7455 Cypress Creek Parkway, is a newly built, 6,166-square-foot restaurant on 1.65 acres. The property is secured by a 10-year absolute triple-net ground lease. Positioned across from the Commons at Willowbrook and anchored by Willowbrook Mall, the site is surrounded by national retailers including Macy’s, Chick-fil-A, Marshall’s and HomeGoods. Portillo's is a fast-casual restaurant concept known for its menu of iconic Chicago-style street food.
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About Marcus & Millichap, Inc. (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, 2024, the company had 1,712 investment sales and financing professionals in over 80 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
