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: $2B across 85 reported transactions. All Retail coverage →
- 152 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
SEABROOK, TEXAS — Marcus & Millichap has brokered the sale of a 25,113-square-foot retail center in Seabrook, about 30 miles southeast of Houston. Seabrook Shopping Center sits on a 1.5-acre site at 2100 E. NASA Parkw…
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