REBusinessOnline

STAN JOHNSON BROKERS THREE SALES

LEWISVILLE AND HOUSTON, TEXAS — Stan Johnson Co. (SJC) has brokered two retail sales and one industrial sale in Texas. First, a private investor purchased a 46,998-square-foot retail store located in Lewisville that is currently leased to Haverty's Furniture. Gill Warner, Rod Pickney and Chad Byerly of SJC represented the seller, another private investor. Barry Wolfe of Marcus & Millichap represented the buyer. The property traded for $3 million. In the second deal, a private investor purchased an industrial property located in Houston that is currently leased to Carrier Sales & Distribution for $2.7 million. Warner, Pickney and Byerly represented the seller, a developer. William Janis represented the buyer. Finally, an individual investor purchased a 7,000-square-foot retail property located at 9670 N. Sam Houston Pkwy. in Houston that is currently leased to Sherwin-Williams. SJC's Jim Gibson represented the seller, a local retail developer. Donald E. Dennis Inc. represented the buyer, an individual investor participating in a 1031 exchange.

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