DALLAS AND MAGNOLIA, TEXAS — Marcus & Millichap has brokered two Texas retail sales. In the first transaction, Philip Levy and Jason Vitorino of Marcus & Millichap's Dallas office represented a private partnership in the sale of a Chase Bank ground lease in Dallas. The 1.12-acre lot is located at 15202 Montfort Drive and contains a 4,282 net leased bank branch building. The buyer's name was not released. The second transaction involved the sale of a 2,867-square-foot Jack in the Box located at 6734 FM 1488 in Magnolia. The property is situated on 0.97 acres and was constructed in 2001. Edward Benton and Todd Carlson of Marcus & Millichap's Houston office represented the seller, a private investor. Drew Wetherholt of Marcus & Millichap's Ontario, Calif., office represented the buyer, also a private investor. The property traded for $1.7 million.
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