Marcus & Millichap Lists 96.65 Acres in Port Arthur, TX

(Photo above of Delta Queen moored in front of Port Arthur City Hall)

PORT ARTHUR, TX-– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for 96.65 acres of land in Port Arthur.

Sheri Carey and Jeffrey Fript, both investment specialists in the Houston office of Marcus & Millichap, are representing the seller, a Houston-based limited partnership.

“Port Arthur is experiencing rapid growth due to the expanding oil and gas industry, which dominates the local economy. An investor will have multiple options to capitalize on this growth since this property is ideally suited for a mixed-use development of retail and housing,” says Fript.

Located on Highway 69 between 60th and 67th streets, the property is comprised of four parcels, just one mile away from the primary retail intersection in Port Arthur, including the Central Mall. The property is adjacent to the new Port Arthur High School site and in close proximity to the newly opened Medical Center of Southeast Texas. (Photo at left is Port Arthur dock)

CONTACT:

Stacey Corso
Public Relations Manager
Marcus & Millichap
2999 Oak Road
Suite 210
Walnut Creek, CA 94597
Office: 925.953.1716
Mobile: 415.672.6460
Fax: 925.953.1710
http://www.marcusmillichap.com/