REBusinessOnline

Marcus & Millichap Brokers Sale of 536,141 SF Distribution Center in Tyler, Texas

TYLER, TEXAS — Marcus & Millichap has brokered the sale of Trane Distribution Center, a 536,141-square-foot industrial facility in Tyler, about 100 miles east of Dallas. The property was built in 1949 on 36.9 acres and was fully leased at the time of sale to Trane, a manufacturer of heating and air conditioning systems. Adam Abushagur of Marcus & Millichap represented the seller in the transaction and procured the buyer, both of which were undisclosed private investors. Additional terms of sale were not released.

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