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Marcus & Millichap Brokers Sale of Houston Shopping Center

by Nate Hunter

Houston – The property was listed with a price of $7.5 million.

Greenbriar North Center houses tenants that include Family Dollar, Cricket, Citi Trends, Cash America and Food World.Houston – Marcus & Millichap has brokered the sale of Greenbriar North Center, an 84,465-square-foot shopping center in Houston. Constructed in 1981, the property houses tenants including Family Dollar, Citi Trends, Cricket, Cash America and Food World. Derek Hargrove and Justin Miller of Marcus & Millichap marketed the asset on behalf of the seller, Marcel Group, a developer based in The Woodlands, Texas. Hargrove and Miller also secured the buyer, a San Antonio-based private partnership completing a 1031 tax-deferred exchange. The property was listed with a price of $7.5 million.

— John McCurdy





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