MARCUS & MILLICHAP ARRANGES THE SALE OF A 77,800-SQUARE FOOT OFFICE BUILDING

PLANO, TEXAS, November 30, 2021–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 Plano Pediatric, a 77,800-square foot office property located in Plano, Texas.

“This is a unique Buyer, a group of Doctors who plan to update and occupy the asset” Ron Hebert and Joseph Jaques, investment specialists in Marcus & Millichap’s Dallas office, share. ‘This sale demonstrates the power of our relentless marketing to find the best buyer for an asset and the skilled talent and diligence of the agents involved”.

Ron Hebert and Joseph Jaques had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured Mr.Hebert and Mr. Jaques.

Plano Pediatric is located at 7000 W Plano Pkwy in Plano, Texas.

About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.