Marcus & Millichap Inc.
09/09/2026 | Press release | Distributed by Public on 09/09/2026 15:34
Marcus & Millichap Brokers Sale of Newly Built Retail Center in Mansfield, Texas
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Marcus & Millichap Brokers Sale of Newly Built Retail Center in Mansfield, Texas
September 09, 2026
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MANSFIELD, Texas, Sept. 9, 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 The Reserve Mansfield - Lot 2, a newly constructed, 7,009-square-foot retail center.
"Investor demand remains strongest for well-located retail properties with durable tenant mixes and strong demographics," said Philip Levy, executive managing director investments. "While buyers continue to be disciplined on pricing, quality assets in growing markets continue to attract significant interest."
Levy, an investment specialist in Marcus & Millichap's Dallas office, exclusively marketed the property on behalf of Clay Pickering with The Retail Connection and Sergio Santiago with P5 CRE Group procured the private buyer.
The property is located at 2411 E. Broad St. Built in 2025, the retail center is fully leased to Beans & Brews, Grain & Berry and Rotolo's Pizzeria, each on new 10-year, triple-net leases with scheduled rent increases. The 1.03-acre property is located along East Broad Street, a primary retail corridor in Mansfield, and directly across from The Canals at Mansfield mixed-use development. The buyer plans to hold the property as a long-term investment.
"Investor demand remains strongest for well-located retail properties with durable tenant mixes and strong demographics," said Philip Levy, executive managing director investments. "While buyers continue to be disciplined on pricing, quality assets in growing markets continue to attract significant interest."
Levy, an investment specialist in Marcus & Millichap's Dallas office, exclusively marketed the property on behalf of Clay Pickering with The Retail Connection and Sergio Santiago with P5 CRE Group procured the private buyer.
The property is located at 2411 E. Broad St. Built in 2025, the retail center is fully leased to Beans & Brews, Grain & Berry and Rotolo's Pizzeria, each on new 10-year, triple-net leases with scheduled rent increases. The 1.03-acre property is located along East Broad Street, a primary retail corridor in Mansfield, and directly across from The Canals at Mansfield mixed-use development. The buyer plans to hold the property as a long-term investment.
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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 www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on September 09, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 09, 2026 at 21:34 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]