DALLAS, Texas, December 9, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 8888 Governors Row, a 61,406-square foot industrial property located in Dallas, Texas, according to Tim A. Speck, division manager in the firm’s Dallas office.

Adam Abushagur, industrial specialist and senior managing director 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 procured by Abushagur.

“The property was previously listed with an outside broker with no acceptable offers procured,” said Abushagur. “We were able to overcome common foundation issues in the Brookhollow market and procure a repeat buyer of ours,” he said.

Built in 1963 and renovated in 1965, 8888 Governors Row is situated on 2.52 acres.

 

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About Marcus & Millichap (NYSE: MMI)

With over 2,000 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 9,726 transactions in 2019 with a value of approximately $50 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: www.MarcusMillichap.com.