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HOUSTON — Marcus & Millichap has completed the sale of Beechnut Business Park, a 37,920-square-foot industrial property located in Houston. The building was built in 2008 and is situated on a 108,753-square-foot land parcel at 12769 Beechnut St. Joshua Lass-Sughrue and Justin Miller of Marcus & Millichap's Houston office represented the seller, a financial institution. Lass-Sughrue and Jason Ridenbaugh, also of Marcus & Millichap's Houston office, represented the buyer, a private investor. The acquisition price was not disclosed but the property listed for $1.6 million.