James-Myers Multifamily Arranges the Sale of a 150-Unit Multifamily Property

AUSTIN, TEXAS – 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 Laurel Woods, a 150-unit multifamily property located at 8312 Fathom Circle in Austin, Texas, according to J. Michael Watson, Vice President/Regional Manager of the firm’s Austin office.

Joe James and Kent Myers, Senior Associates in Marcus & Millichap’s Austin Office facilitated the sale between the seller, a publicly traded real estate investment trust, and the buyer, a Texas based Limited Partnership.

For additional investment information, please contact:

Joe James | jjames@marcusmillichap.com | 512-338-7852

Kent Myers | kmyers@marcusmillichap.com | 512-338-7853

Follow us on Twitter @JamesMyersMF for the latest market news and activity.

The James-Myers Multifamily Team of Marcus & Millichap (NYSE: MMI) has participated in the sale of more than 63 transactions since 2007 totaling over 13,000 units and more than $730 Million in sales across Texas.  Contact us for acquisitions, dispositions, property evaluations or market information for your Texas apartments.

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