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Marcus & Millichap Brokers Sale of Retail Portfolio Totaling 143,963 SF in Austin

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This image shows the locations of three single-tenant retail properties in Austin, the sales of which were brokered by Marcus & Millichap.

AUSTIN, TEXAS — Marcus & Millichap has brokered the sale of a portfolio of three retail properties totaling 143,963 square feet in Austin. The single-tenant properties span a total of 21.3 acres and are leased to JC Penney, Frost Bank and Gold’s Gym. Vincent Knipp and Ryan Wolf of Marcus & Millichap represented the seller, a private developer, in the transaction. Bill Rose, also of Marcus & Millichap, procured the buyer, a private investor. Both parties requested anonymity.

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