MARCUS & MILLICHAP BROKERS MULTIFAMILY, RETAIL SALES

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HOUSTON AND AMARILLO, TEXAS — Marcus & Millichap has brokered two Texas sales. In Houston, Brian Janak of the firm’s Houston office represented the seller in the disposition of Byrne Heights Apartments, a 30-unit community located at 935 Byrne in the city’s Woodland Heights submarket. The property was constructed in 1963 and was 85 percent occupied at the time of closing. The seller was a California-based private investor, and the buyer was a locally based, limited liability company. The acquisition price was not released, but the property listed for $1.56 million. Additionally, Jason Vitorino and Philip Levy of Marcus & Millichap’s Dallas office negotiated the sale of a 7,653-square-foot Bridgestone/Firestone store located in Amarillo. The property is situated on approximately 1 acre on South Coulter Street. The seller was a Texas-based limited partnership; the buyer was a Texas-based, limited liability corporation. The acquisition price was not disclosed.

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