OAK RIDGE NORTH (THE WOODLANDS), TEXAS, November 23, 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 Whiskey Cake Kitchen + Bar, a 20,473-square foot net-leased property located in Oak Ridge North (The Woodlands), Texas, according to Ford Noe, Regional Manager of the firm's Houston office.

James H. Bell, Senior Vice President Investments and Watt Harrison, Senior Associate in Marcus & Millichap's Houston office, had the exclusive listing to market the property on behalf of the seller, a real estate investment trust. The buyer, a private investor, was also secured and represented by James H. Bell and Watt Harrison, was in a 1031 exchange and paid all cash for the property.

"Our marketing process allowed the seller to have a range of buyers to choose from. They chose an all cash buyer who was in a 1031 exchange with an attractive timeline," stated Mr. Harrison.

Whiskey Cake Kitchen + Bar is located at 27800 I-45 North in Oak Ridge North (The Woodlands), Texas.


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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.

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Marcus & Millichap Inc. published this content on 23 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2021 17:39:03 UTC.