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MARCUS & MILLICHAP ARRANGES RETAIL PORTFOLIO SALE

Posted on by in Retail, Texas

CORPUS CHRISTI, TEXAS — Marcus & Millichap has arranged the sale of a six-property retail portfolio for $15.62 million. Two of the properties are located in Corpus Christi: the first is a 7,370-square-foot Auto Zone located at 14062 Northwest Blvd., and the second is a 6,786-square-foot Auto Zone located at 2149 Airline Rd. The other four properties consist of Colonial Bank branches located in Georgia, Florida and Alabama. Andrew Gallas of Marcus & Millichap’s Chicago office and Robert Bender of the firm’s Detroit office represented the seller of the two Auto Zone properties. Andy Dorf and Zachary Felson of the firm’s Brooklyn, New York, office represented the buyer. All parties in the transaction were undisclosed.

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