Marcus & Millichap Arranges The Sale Of A 9,600-Square Foot Industrial Building

Marcus & Millichap Arranges The Sale Of A 9,600-Square Foot Industrial Building


ROCKWALL, TX, January 29, 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 Studio Fitness Rockwall, a 9,600-square foot industrial property located in Rockwall, Texas, according to Tim A. Speck, regional manager of the firm’s Dallas office.

Adam Abushagur, industrial specialist and first 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.

“With the low vacancy rate in Rockwall, there was a lot of interest from both users and investors, showcased through a 15-day escrow period,” said Abushagur.

Studio Fitness Rockwall is located at 356 Ranch Trail in Rockwall, Texas.  The subject property consists of duplex industrial flex buildings situated on 1.36 acres of land and were built in 2004.

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About Marcus & Millichap (NYSE: MMI)
With over 1,800 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2017 with a value of approximately $42.2 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: