MARCUS & MILLICHAP BROKERS SALE OF MULTIFAMILY, RETAIL PROPERTIES

LEWISVILLE AND SAN ANGELO, TEXAS — Marcus & Millichap has brokered the sale of two Texas properties. The first is Huntington Circle, a 126-unit, Class B apartment property located at 409 West Round Grove Rd. in Lewisville. It includes a new roof and a mix of one-, two- and three-bedroom units. John Barker from Marcus & Millichap represented the seller, a private investor, and the buyer, a limited liability company. The second property is Sherwood Way Shopping Center, a 30,247-square-foot strip center located at 3329 Sherwood Way in San Angelo. The center is shadow-anchored by H-E-B and occupancy was 92 percent at the time of closing. The buyer, a private investor, was represented by Chad Knibbe from National Retail Group of Marcus & Millichap.