Press Releases
Marcus & Millichap Arranges Sale of Retail Center in Fast-Growing Prosper, Texas
June 30, 2026
PROSPER, Texas, June 30, 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 Prosper Center, a 9,767-square-foot multi-tenant retail property.
“Prosper Center attracted investor interest due to its location in one of the fastest growing and most affluent submarkets in North Texas,” said Philip Levy, executive managing director investments. “The property offers significant value-add potential through the lease-up of existing vacancy and benefits from strong residential growth, expanding infrastructure and proximity to major regional destinations including the PGA of America headquarters, Omni PGA Resort and the future Universal Kids Resort.”
Levy, Joseph Jaques, Ron Hebert and Alyssa DiFilippo, investment specialists in Marcus & Millichap’s Dallas office, exclusively marketed the property on behalf of the private seller. Levy, Jaques and Hebert also procured the buyer, a private investor.
Prosper Center is located at 2810 W. First St. Built in 2020 on 1.16 acres, the four-suite retail center was almost 65% occupied at the time of sale and is leased entirely on triple-net terms. The tenant roster includes Parkview Dental, Peak Physical Therapy and Best Brains Learning Center, with almost half of the center leased to medical tenants. The buyer plans to continue leasing the remaining vacancy and capitalizing on the property's value-add potential through increased occupancy and rental rate growth.
“Prosper Center attracted investor interest due to its location in one of the fastest growing and most affluent submarkets in North Texas,” said Philip Levy, executive managing director investments. “The property offers significant value-add potential through the lease-up of existing vacancy and benefits from strong residential growth, expanding infrastructure and proximity to major regional destinations including the PGA of America headquarters, Omni PGA Resort and the future Universal Kids Resort.”
Levy, Joseph Jaques, Ron Hebert and Alyssa DiFilippo, investment specialists in Marcus & Millichap’s Dallas office, exclusively marketed the property on behalf of the private seller. Levy, Jaques and Hebert also procured the buyer, a private investor.
Prosper Center is located at 2810 W. First St. Built in 2020 on 1.16 acres, the four-suite retail center was almost 65% occupied at the time of sale and is leased entirely on triple-net terms. The tenant roster includes Parkview Dental, Peak Physical Therapy and Best Brains Learning Center, with almost half of the center leased to medical tenants. The buyer plans to continue leasing the remaining vacancy and capitalizing on the property's value-add potential through increased occupancy and rental rate growth.
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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.
