Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Plaza at Bellaire, a 15,836-square foot shopping center in Houston, Texas, according to Ford Noe, Regional Manager of the firm’s Houston office.

Justin Miller, First Vice President Investments and Davis Hansen, Senior Associate, in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a Houston-based partnership.

“The offering attracted strong interest from a variety of investors that liked the property’s corner location on Bellaire Boulevard.” says Miller. “The apartment density in the immediate area is great for shopping center fundamentals.” added Hansen.

Plaza at Bellaire features tenants such as Cici’s Pizza, Metro PCS, and Houston City Dental. It is located at 5901 Bellaire Boulevard in Houston, Texas.

About Marcus & Millichap (NYSE: MMI)

With nearly 2000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,472 transactions in 2018 with a value of approximately $46.4 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.