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MARCUS & MILLICHAP BROKERS SALE OF SHEPHERD LOFTS APARTMENTS

HOUSTON — Marcus & Millichap has brokered the sale of Shepherd Lofts Apartments, a 12-unit, 12,290-square-foot multifamily property located at 5017 Cornish Dr. in Houston. Constructed in 2005, the community is 100 percent occupied. Brian Janak of Marcus & Millichap listed the property on behalf of the seller, a Houston-based partnership. A private, San Francisco-based investor purchased the property. The acquisition price was not disclosed, but the property listed for $1.61 million.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
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‣ NAI Global
‣ Northmarq
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