Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Lake Shore Crossing, a 16,500-square foot retail property located in Little Elm, Texas, according to Kyle Palmer, Regional Manager of the firm’s Fort Worth office.

Bill Jordan, Senior Associate in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a developer. The buyer, a private investor, was also secured Mr. Jordan.

Lake Shore Crossing is a new multi-tenant offering in the high growth area of Little Elm, Texas located in the northern part of DFW. The total project is 100 percent occupied and all leases are triple-net. The building faces Lake Lewisville for convenient and enjoyable shopping and dining experiences.

About Marcus & Millichap (NYSE: MMI)

With over 1,600 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 over 8,700 transactions in 2015 with a value of approximately $37.8 billion. The company 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