Marcus & Millichap Inc.
10/28/2025 | Press release | Distributed by Public on 10/28/2025 15:09
Marcus & Millichap Arranges Sale of 16-Suite Retail Property in North Richland Hills, Texas
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Marcus & Millichap Arranges Sale of 16-Suite Retail Property in North Richland Hills, Texas
October 28, 2025
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NORTH RICHLAND HILLS, Texas, Oct. 28, 2025 - 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 Meadowcrest Corners, a 16-suite retail property in North Richland Hills, Texas.
"This was an off-market transaction that aligned well with the buyer's strategy," said Philip Levy, executive managing director investments. "The property's location, tenant mix and layout provide a strong foundation for active leasing management and potential repositioning. For investors focused on service, restaurant and medical uses, the outlook in this submarket remains positive."
Levy, investment specialist in Marcus & Millichap's Dallas office, had the exclusive listing to market the property on behalf of the seller and procured the buyer.
Built in 1983, Meadowcrest Corners is on 2.58-acres at 5306-5356 Rufe Snow Drive. The 34,033-square-foot retail center is fully leased to a diverse mix of national and local tenants, including Wingstop, Supercuts, Subway and Thirsty Turtle Grill. The property is positioned in a dense retail corridor near major retailers such as Walmart, Sam's Club and The Home Depot.
"This was an off-market transaction that aligned well with the buyer's strategy," said Philip Levy, executive managing director investments. "The property's location, tenant mix and layout provide a strong foundation for active leasing management and potential repositioning. For investors focused on service, restaurant and medical uses, the outlook in this submarket remains positive."
Levy, investment specialist in Marcus & Millichap's Dallas office, had the exclusive listing to market the property on behalf of the seller and procured the buyer.
Built in 1983, Meadowcrest Corners is on 2.58-acres at 5306-5356 Rufe Snow Drive. The 34,033-square-foot retail center is fully leased to a diverse mix of national and local tenants, including Wingstop, Supercuts, Subway and Thirsty Turtle Grill. The property is positioned in a dense retail corridor near major retailers such as Walmart, Sam's Club and The Home Depot.
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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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.
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