JARREL and HELOTES, Texas, June 19, 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 two newly constructed Sherwin-Williams properties in Texas totaling nearly 9,000 square feet in the Austin and San Antonio metropolitan areas.
"Investor demand remains strong for newly constructed retail properties in growing Texas markets, particularly those occupied by established national tenants," said Mark Ruble, executive managing director. "Assets with long-term leases and built-in rent growth continue to attract buyers seeking stable income and long-term appreciation potential."
Ruble, Chris Lind and Zack House of Marcus & Millichap's Phoenix office represented the seller, a North Carolina limited liability company, in both transactions. The Jarrell property was acquired by a Texas limited liability company with new financing, while the Helotes property was acquired by a Florida limited liability company in an all-cash transaction.
The transactions included newly constructed Sherwin-Williams stores at 547 Town Center Blvd. in Jarrell and 12716 FM 1560 in Helotes. The Jarrell property contains 4,500 square feet, while the Helotes property contains 4,455 square feet. Both stores were completed in 2026 and are leased to Sherwin-Williams under new 10-year leases featuring 10% rental increases every five years and multiple renewal options. Founded in 1866, Sherwin-Williams is a Fortune 500 company and global manufacturer, distributor and retailer of paint, coatings and related products.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.