Marcus & Millichap Inc.

06/01/2026 | Press release | Distributed by Public on 06/01/2026 19:30

Marcus & Millichap Brokers Sale of AT&T-Anchored Retail Property in Anna, Texas

Press Releases

Marcus & Millichap Brokers Sale of AT&T-Anchored Retail Property in Anna, Texas

June 01, 2026
LinkedIn Email App
ANNA, Texas, May 28, 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 AT&T Anna Town Center Retail, a 13,670-square-foot multi-tenant retail property.

"Investors continue to look for retail properties in fast-growing North Texas communities like Anna, especially centers that are shadow-anchored by grocery or necessity-based retailers that drive daily traffic," said Chris Gainey, senior managing director investments. "Buyers are drawn to assets that provide steady income today while benefiting from the area's continued residential and commercial growth."

Gainey and Philip Levy, located in Marcus & Millichap's Fort Worth & Dallas offices respectively, represented the buyer, a Dallas-area private partnership, for a 1031-exchange the buyer was executing. The buyer was moving equity out of an alternative property type into NNN retail properties and completed this in an all-cash transaction in less than 45 days from the opening of Escrow.

Built in 2018 and located at 2530 W. White St., the asset was shadow-anchored by a Walmart, and was acquired in conjunction with the adjacent shopping center. The buyer plans to hold the property long-term as population growth and new development continue across the surrounding area.

# # #

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.

Marcus & Millichap Inc. published this content on June 01, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 02, 2026 at 01:31 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]