Marcus & Millichap Arranges Sale of Retail Strip Property in Conroe, Texas

Strategic Insights -

Marcus & Millichap, a leading commercial real estate brokerage firm, has facilitated the sale of Resource Place Shopping Center, a 30,766-square-foot retail property in Conroe, Texas. Located at 3500 W. Davis St., the property includes 13 suites with a mix of service-based tenants and benefits from its proximity to Interstate 45 and a nearby H-E-B grocery store. The buyer, a Texas-based investor, saw long-term value in acquiring both the retail center and the adjacent 3.25 acres of undeveloped land.

Key Takeaways:

  • The sale of Resource Place Shopping Center marks Marcus & Millichap's commitment to facilitating commercial real estate transactions in growth markets.
  • The property's strategic location, near Interstate 45 and a H-E-B grocery store, positions it for future growth and development opportunities.
  • The sale highlights Marcus & Millichap's expertise in investment sales, financing, research, and advisory services, with over 1,700 professionals operating across the US and Canada.
  • The firm closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion, underscoring its record in facilitating large-scale commercial real estate transactions.
  • Alex Wolansky and Gus Lagos, investment specialists in Marcus & Millichap's Houston office, secured the buyer and managed the exclusive listing to market the property on behalf of the seller, a family estate.

Statistics:

  • The Resource Place Shopping Center is a 30,766-square-foot retail property located at 3500 W. Davis St. in Conroe, Texas.
  • The property includes 13 suites with a mix of service-based tenants, including PNC Bank.
  • The 7.4-acre property benefits from its proximity to Interstate 45 and a nearby H-E-B grocery store.
  • Marcus & Millichap has over 1,712 professionals operating across the US and Canada, providing investment brokerage and financing services.
  • The firm closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion.

Sources:

  • Marcus & Millichap (NYSE: MMI) press release, October 14, 2025
  • "About Marcus & Millichap, Inc." (NYSE: MMI) on marcamillichap.com.