PARIS AND GARLAND, TEXAS — Dallas-based Henry S. Miller Brokerage (HSMB) has completed two Texas transactions. In Paris, HSMB's Mark Porterfield represented Paris Properties Ltd. in the sale of a 100-unit multifamily property to Lafayette, La.-based Entourage Legacy. The property is known as Regency Apartments and is located at 25265 Lamar Ave. Occupancy was 97 percent at the time of closing. Richard Pool of Shreveport, La.-based Pool Realty Services represented the buyer. Jay Porterfield of Arbor Commercial Mortgage arranged the acquisition financing. In Garland, HSMB's Dan Spika represented Shelbo Development in the acquisition of a 42,000-square-foot industrial facility. Situated at 2950 W. Miller Road, the property totals 10 acres and contains direct rail access. The buyer plans to utilize the property for storage. Larry Leon of CB Richard Ellis represented the seller, Pro-build Real Estate Holdings. The acquisition prices in both transactions were not disclosed.
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