Marcus & Millichap Facilitates Sale of Development Site on Highway 35 in Pearland, Texas

PEARLAND, Texas, Aug. 17, 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  a 10.6-acre development site along Highway 35. 

“This corridor in Pearland has emerged as one of the Houston region’s most attractive locations for industrial and employment-focused development,” said Will Florence, senior director investments. The area provides exceptional regional connectivity with direct access to multiple highways, Port Houston and William P. Hobby Airport, making it an ideal location for manufacturing, distribution and logistics users. Combined with Pearland's rapidly growing population and strategic public-private investment, these advantages are positioning the SH 35 corridor for sustained industrial growth and long-term job creation.” 

Florence, investment specialist in Marcus & Millichap's Houston office, exclusively marketed the seller, Legacy Developers LLC and coordinated the buyer, Junction Commercial Real Estate.  

The property is located along State Highway 35 in Pearland, Texas. Despite rezoning and access challenges during the transaction, the sale closed successfully, and the buyer plans to develop the site for industrial use.