Marcus & Millichap Inc.
01/15/2026 | Press release | Distributed by Public on 01/15/2026 17:37
Marcus & Millichap Facilitates Sale of Five-Suite Retail Strip in the Austin MSA
Press Releases
Marcus & Millichap Facilitates Sale of Five-Suite Retail Strip in the Austin MSA
January 15, 2026
LinkedIn Email App
LEANDER, Texas, Jan. 15, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a five-suite retail strip located in the Austin, Texas MSA.
"We ran a strong marketing campaign that generated multiple offers," said Coleman Solomon, senior director. "Through these efforts, we secured a 1031 exchange investor from California who moved seamlessly through the entire process. With a 60-day contract-to-close timeline, the buyer performed smoothly with no extensions, re-trades, or delays."
Solomon, Philip Levy, Joseph Jaques and Ron Hebert, investment specialists in Marcus & Millichap's Austin and Dallas offices, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investors.
Located at 1825 Crystal Falls Parkway, the property is fully occupied with a mix of retail, restaurant and service-oriented tenants, including Verizon and ATI Physical Therapy. Built in 2018, the 9,917-square-foot retail plaza is shadow-anchored by one of the top-performing Randalls grocers in the country. The property is surrounded by national retailers including Starbucks, Orangetheory Fitness and The UPS Store.
"We ran a strong marketing campaign that generated multiple offers," said Coleman Solomon, senior director. "Through these efforts, we secured a 1031 exchange investor from California who moved seamlessly through the entire process. With a 60-day contract-to-close timeline, the buyer performed smoothly with no extensions, re-trades, or delays."
Solomon, Philip Levy, Joseph Jaques and Ron Hebert, investment specialists in Marcus & Millichap's Austin and Dallas offices, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investors.
Located at 1825 Crystal Falls Parkway, the property is fully occupied with a mix of retail, restaurant and service-oriented tenants, including Verizon and ATI Physical Therapy. Built in 2018, the 9,917-square-foot retail plaza is shadow-anchored by one of the top-performing Randalls grocers in the country. The property is surrounded by national retailers including Starbucks, Orangetheory Fitness and The UPS Store.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on January 15, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 15, 2026 at 23:37 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]