MARCUS & MILLICHAP COMPLETES SALE OF HIGHLAND OAKS

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IRVING, TEXAS — Marcus & Millichap has completed the sale of Highland Oaks, a 91-unit apartment community located in Irving. The property was constructed in 1970 and renovated in 2008. The units average 1,082 square feet in size and mostly contain two bedrooms. Nick Fluellen of Marcus & Millichap's Dallas office represented the seller, a local investor. Will Tolliver, also of Marcus & Millichap's Dallas office, procured the buyer, a limited partnership. Marcus & Millichap also completed the sale of a 9,014-square-foot Dollar General store located at 1811 E. Mayfield Rd. in Arlington, Texas. Drew Isaac and Scott Wayne of Marcus & Millichap's Denver office represented the seller, a limited liability company, and Nick Simpson of the firm's Encino, Calif., office represented the buyer, a private investor. Tim Speck of Marcus & Millichap's Dallas office assisted in the transaction.

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