Press Releases
Marcus & Millichap Arranges Sale of Multi-Tenant Retail Center in Las Colinas
May 08, 2026
IRVING, Texas, May 8, 2026 – 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 Market Square, a 46,822-square-foot, multi-tenant retail center located in the Las Colinas community in Irving, Texas.
“Investor demand for necessity-based retail in high-barrier-to-entry submarkets like Las Colinas remains strong, particularly for assets with stable in-place income and leasing upside,” said Philip Levy, executive managing director investments. “In the Dallas-Fort Worth market, well-located multi-tenant centers continue to attract interest from private investors seeking durable cash flow.”
Levy, an investment specialist in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investors.
Market Square is located at 5425 N. MacArthur Blvd. The 46,822-square-foot retail center was built in 1984 and is leased to a mix of service-oriented tenants under triple-net agreements, most of which include scheduled rent increases. The property is situated in the Las Colinas area, a dense, affluent submarket with a strong daytime population and proximity to major employment centers.
“Investor demand for necessity-based retail in high-barrier-to-entry submarkets like Las Colinas remains strong, particularly for assets with stable in-place income and leasing upside,” said Philip Levy, executive managing director investments. “In the Dallas-Fort Worth market, well-located multi-tenant centers continue to attract interest from private investors seeking durable cash flow.”
Levy, an investment specialist in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investors.
Market Square is located at 5425 N. MacArthur Blvd. The 46,822-square-foot retail center was built in 1984 and is leased to a mix of service-oriented tenants under triple-net agreements, most of which include scheduled rent increases. The property is situated in the Las Colinas area, a dense, affluent submarket with a strong daytime population and proximity to major employment centers.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
