Marcus & Millichap Arranges The Sale Of A 32,154 SF Office Building

10/12/17

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 9319 Lyndon B Johnson Freeway, a 32,154-square foot office property located in Dallas, Texas, according to Kyle Palmer, Regional Manager of the firm’s Fort Worth office.

Cody Payne and Wayne Bares, Senior Associates in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a limited liability company, was secured by Mr. Payne and Mr. Bares.

The Property is located at 9319 Lyndon B Johnson Freeway in Dallas, Texas. The subject property is perfectly situated on Interstate 635 and just east of U.S. Highway 75. Built in 1982 of concrete construction and situated on a 1.61 acre lot, the building consists of (36) office suites and has two top chiller units, along with upgraded interior, landscaping and signage. 9319 LBJ Freeway has fantastic curb appeal with well-manicured landscaping, ample parking and offers a mix of local and regional tenants.

About Marcus & Millichap (NYSE: MMI)

With over 1,700 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 2016 with a value of approximately $42.3 billion. The company 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

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