MARCUS & MILLICHAP ARRANGES THE SALE OF
A 10,625-SQUARE FOOT INDUSTRIAL BUILDING
HALTOM CITY, TX, May 31, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of 4204 Glenview Drive, a 10,625-square foot industrial property located in Haltom City, Texas, according to Tim A. Speck, district manager of the firm’s Dallas office.
Adam Abushagur, first vice president investments and Cliff Zimmerman, investment specialist 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 procured by Adam Abushagur and Cliff Zimmerman.
“Within 24 hours of launching the subject property, we had multiple acceptable offers. Our team’s proactive marketing strategy and local expertise helped lead us to an above list price offer and a quick closing,” said Zimmerman.
“The high activity we received for this asset speaks to the appetite of local investors in a market with record low vacancy rates,” said Abushagur.
The subject property is situated on 0.9 acres and was built in 1987.
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