THE WOODLANDS, TX – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has opened a new office in The Woodlands, Texas according to John J. Kerin, president and chief executive officer. David Luther, a vice president of the firm, will oversee the office as its regional manager. Luther also oversees the firm’s Houston and Lafayette, La. offices as regional manager.
The Woodlands office is located at 21 Waterway Ave., Suite 300, The Woodlands, Texas. The phone number is (832) 442-2800 and the fax number is (832) 442-2810.
“As we continue to grow our market share in the southwest, adding a new office in The Woodlands to serve the needs of investors in the greater Houston metropolitan area makes strategic sense,” says Luther. “The opening of this new office further strengthens our position as the leading real estate investment services firm not only in the southwest, but in the United States.”
“Investment properties in Texas boast some of the best fundamentals in the entire country,” says Gene A. Berman, executive vice president of Marcus & Millichap, and group managing director of the company’s offices in the southwest. “As the economy continues to improve, both domestic and foreign investors are rebuilding their real estate portfolios, shedding non-performing assets, executing more 1031 exchanges and requiring more complex financing for their transactions.
“In short, investors are requiring more sophisticated brokerage, advisory and financing services uniquely offered by Marcus & Millichap,” adds Berman. “This is an opportune time to push forward with our expansion plans and capitalize on the investment opportunities in Texas.”
In addition to The Woodlands office, Marcus & Millichap’s Texas offices include Austin, Dallas, Fort Worth, Houston and San Antonio.