Marcus & Millichap brokers sale of Shops at Katy Trails retail center in Texas

Marcus & Millichap, Inc.

MMI

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Marcus & Millichap brokered the sale of The Shops at Katy Trails, a 10,675-square-foot multi-tenant retail center in Katy, Texas.
Property at 23053 Clay Rd.; built in 2019 on 1.26 acres; marketed for a local developer.
Buyer was a local investor completing a 1031 exchange; the deal drew multiple offers within the first week.

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