Marcus & Millichap Arranges The Sale Of A 23,792-Square Foot Industrial Building
ARLINGTON, TX, January 3, 2019 – 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 Trinity Station Office Park, a 23,792-square foot industrial property located in Arlington, Texas, according to Tim A. Speck, regional manager of the firm’s Dallas office.
Adam Abushagur, industrial specialist and vice president investments in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured by Adam Abushagur.
“The subject property yielded above average activity in the open market due to the ability of the buyer to increase value of the asset through lease up of four vacancies,” said Abushagur.
Trinity Station Office Park is located at 801 Station Drive in Arlington, Texas. The subject property consists of two office/warehouse buildings situated on 2.11 acres of land and were built in 2006.
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