152
PASADENA, TEXAS — Marcus & Millichap has brokered the sale of two multifamily properties totaling 980 units in the Houston metro of Pasadena. The 514-unit Alta Vista and the 468-unit Las Villas are both located near Port Houston, with access to State Highway 225, the Sam Houston Tollway and Interstate 45. Both properties were built in 1970 and renovated between 2012 and 2015. Jeffrey Fript and Christian Mazzini of Marcus & Millichap represented the seller, Empire Square Group, a New York-based private equity firm, in the transaction. Fript procured the buyer, an undisclosed multifamily operator based in Houston.