Marcus & Millichap Brokers Sale of 25,113 SF Retail Center in Seabrook, Texas

Why this matters

Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. Houston transaction velocity has been concentrated in industrial and Class A multifamily in the energy corridor and inner loop. Office remains a basis play. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.

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On the RET wire

• The 60th Houston story tracked on the wire in August 2026. All Houston coverage →
• Disclosed retail deal value tracked in August 2026: $2.7B across 94 reported transactions. All Retail coverage →
• 145 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →

Computed from Real Estate Trail’s own tracked coverage

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