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 Fairmont, an 8,344-square foot shopping center in Pasadena, Texas, according to Ford Noe, Regional Manager of the firm’s Houston office.

Justin Miller, First Vice President Investments in Marcus & Millichap’s Houston office, procured the Buyer, a Houston-based private client. “This was a highly competitive offering, and my client and I were pleased to be awarded the deal after a rigorous best & final.”, Miller said.

Shops at Fairmont is located at 6443 Fairmont Parkway in Pasadena, Texas. It is adjacent to Starbucks and is 100% occupied with a tenant roster that includes Domino’s Pizza and The UPS Store.

About Marcus & Millichap (NYSE: MMI)

With over 2,000 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 9,726 transactions in 2019 with a value of approximately $50 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.