Marcus & Millichap ARRANGES THE SALE OF
a 13,981-SQUARE FOOT INDUSTRIAL BUILDING
GARLAND, 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 Goodyear Commercial Tire, a 13,981-square foot industrial property located in Garland, Texas, according to Tim A. Speck, regional manager of the firm’s Dallas office.
Adam Abushagur, first vice president investments and Sam Martin, associate, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured by Adam Abushagur and Sam Martin.
“We received five offers that were within 98 percent of asking price within six days of hitting the open market,” said Martin.
“The activity shown for this asset signifies the demand for outside storage in Northeast Dallas/Garland. We are very proud and excited our team was able to deliver superior results for our out-of-state client,” said Abushagur.
Goodyear Commercial Tire is located at 2820 Market Street in Garland, Texas. The subject property is situated on 2.37 acres of land and was built in 1994.
# # #