Marcus & Millichap Brokers $11.5 Million Sale of 108,154 SF Industrial Property in Dallas
Marcus & Millichap brokers Adam Abushagur and Tyler Ranft have closed the sale of a 108,154 square foot industrial property in Dallas for $11.5 million.
Marcus & Millichap brokers Adam Abushagur and Tyler Ranft have closed the sale of a 108,154 square foot industrial property in Dallas for $11.5 million. The property, located at 2535 Walnut Hill Ln, sits on 7.1 acres of land and was sold by an undisclosed seller to an undisclosed buyer. The property is located in the Dallas market and is an industrial asset.
The property is a single-story industrial building that was built in 1979 and renovated in 2015. It features 24-foot clear heights, 10 dock-high doors, and one ramp. The property is located near major highways and has easy access to the Dallas-Fort Worth International Airport.
The buyer of the property is an undisclosed entity that plans to use the property for industrial purposes. The seller of the property was also undisclosed.
Adam Abushagur and Tyler Ranft of Marcus & Millichap represented both the buyer and the seller in the transaction. Marcus & Millichap is a leading commercial real estate brokerage firm that specializes in investment sales, financing, research, and advisory services.
The sale of this industrial property in Dallas is a testament to the strength of the industrial real estate market in the area. With its prime location and modern features, this property is sure to be a valuable asset for the buyer for years to come.