MARCUS & MILLICHAP BROKERS SALE OF DRY CLEANERS

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HOUSTON — Marcus & Millichap has brokered the sale of a 3,000-square-foot retail property located in Houston. The property, currently net leased to Green Planet Cleaners, is situated on 15,000 square feet of land at 16515 Longenbaugh Dr. It was constructed in 2003. Josh Lass-Sughrue of Marcus & Millichap’s Houston office represented the seller, a private investor. The buyer, a locally based private investor, was represented by Stephen Sauter of Marcus & Millichap’s Palo Alto, Calif., office. The acquisition price was not released but the property listed for $340,000.

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