Marcus & Millichap Arranges Sale of 10,500-Square-foot Retail Property in Metro Houston

Katy, Texas — Marcus & Millichap has arranged the sale of a 10,500-square-foot retail property net-leased to Walgreens in Katy, Texas, a western suburb of Houston.

James Bell of Marcus & Millichap represented the buyer, a limited liability company that acquired the property through a 1031 exchange. Other terms of sale were not disclosed.