Press Releases
Marcus & Millichap Brokers Sale of Shops at Domain Retail Center in Austin, Texas
August 27, 2026
AUSTIN, Texas, Aug. 27, 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 Shops at Domain, a 13,449-square-foot multi-tenant retail center in Austin's premier mixed-use district.
"This property represents one of the premier retail investment opportunities in the Austin market," said Coleman Solomon, senior director investments. "Situated at a primary gateway to The Domain, the property benefits from exceptional demographics, sustained population and employment growth, and one of the strongest retail trade areas in Texas. Combined with below-market in-place rents and meaningful long-term rental upside, the asset generated significant interest from sophisticated private and institutional capital seeking irreplaceable retail real estate in premier locations."
Solomon, Joseph Blanga and Philip Levy, investment specialists in Marcus & Millichap's Austin and Dallas offices, exclusively marketed the property on behalf of the seller and procured the buyer, Shannon Waltchack, a Birmingham, Alabama-based private real estate investment manager specializing in premium unanchored neighborhood shopping centers.
The property at 3310 W. Braker Lane is fully occupied with triple-net leases. Built in 2013, the center sits on 1.34 acres and includes tenants such as Mattress Firm, Swish Dental and The UPS Store. Located near the Domain, the property benefits from proximity to a mixed-use development with retail, residential and office space. The buyer plans to continue operating the property as a fully leased retail center while pursuing rent growth over time.
"This property represents one of the premier retail investment opportunities in the Austin market," said Coleman Solomon, senior director investments. "Situated at a primary gateway to The Domain, the property benefits from exceptional demographics, sustained population and employment growth, and one of the strongest retail trade areas in Texas. Combined with below-market in-place rents and meaningful long-term rental upside, the asset generated significant interest from sophisticated private and institutional capital seeking irreplaceable retail real estate in premier locations."
Solomon, Joseph Blanga and Philip Levy, investment specialists in Marcus & Millichap's Austin and Dallas offices, exclusively marketed the property on behalf of the seller and procured the buyer, Shannon Waltchack, a Birmingham, Alabama-based private real estate investment manager specializing in premium unanchored neighborhood shopping centers.
The property at 3310 W. Braker Lane is fully occupied with triple-net leases. Built in 2013, the center sits on 1.34 acres and includes tenants such as Mattress Firm, Swish Dental and The UPS Store. Located near the Domain, the property benefits from proximity to a mixed-use development with retail, residential and office space. The buyer plans to continue operating the property as a fully leased retail center while pursuing rent growth over time.
# # #
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.
