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 2323 West Sam Houston Parkway North, Buildings B and C, a 21,000-square foot industrial property located in Houston, Texas, according to Ford Noe, Regional Manager of the firm’s Houston office.

Chris Jones, in Marcus & Millichap’s Houston office, secured and represented the buyer, a limited liability company, in an open listing on behalf of the seller, a private investor. “The transaction provided the seller, an owner-user of the property since the 1980s, the opportunity to sell to another owner-user, with the timing of the sale accommodating both parties’ needs,” said Jones.

The Property is located at 2323 West Sam Houston Parkway North 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.