M&M ARRANGES SALE OF OFFICE BUILDING IN METRO DALLAS

by admin

ALLEN, TEXAS — Marcus & Millichap has arranged the sale of the Allentown Office Building, a 29,979-square-foot office property in Allen, a northern suburb of Dallas. Ron Hebert of Marcus & Millichap’s Dallas office marketed the property on behalf of the seller, a partnership. Hebert also procured the buyer, a private investor who purchased the property in a 1031 tax-deferred exchange. Allentown Office Building is located at 100 Allen Parkway in Allen, less than one mile from North Central Expressway. The two-story property was built in 1985 on 3.6 acres. The property was 80 occupied at the time of sale.

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