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DALLAS — Marcus & Millichap has arranged the sale of the 85-unit Lakewood Club, an apartment community located at 200 N. Henderson Ave. in Dallas. Stephen Crittenden, Michael Ware and Will Jarnagin of Marcus & Milliichap's Dallas office represented the seller, an out-of-state private investor, in the transaction. Raymond Choi and John Bainer of Marcus & Millichap's San Diego, Calif., office procured the buyer, a California-based private investor in a 1031 exchange.