MARCUS & MILLICHAP BROKERS MULTIFAMILY, RETAIL SALES

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DALLAS AND DONNA, TEXAS — Marcus & Millichap has completed two Texas sales. In Dallas, the firm brokered the sale of the 63-unit Oak Glen Apartments. The community is situated north of Interstate 20, between interstates 35 and 45, and is also located near a DART Rail Station. John Barker of Marcus & Millichap’s Dallas office listed the property on behalf of the seller, a Texas-based limited partnership. Jeffrey Miller of the firm’s Encino, Calif., headquarters office represented the buyer, a California-based corporation. The acquisition price was not disclosed.

Additionally, Chad Knibbe of Marcus & Millichap’s San Antonio office represented the seller in the disposition of a 5,4000-square-foot, net-leased Auto Zone located at 802 Hooks Ave. in Donna. Situated on approximately a half-acre, the Auto Zone was constructed in 1998. The acquisition price was not disclosed, but the property listed for approximately $1 million.

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