Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Denton Medical Office Building, a 12,892-square foot office property located in Denton, Texas, according to Kyle Palmer, Regional Manager of the firm’s Fort Worth office.

Cody Payne, Senior Associate in Marcus & Millichap’s Fort Worth office, and Wayne Bares, Senior Associate in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured by Mr. Payne and Mr. Bares

Denton Medical Office Building is located at 3331-3333 Colorado Blvd in Denton, Texas. The subject property is a 12,892-square foot, single-story, multi-tenant medical office building that is 100 percent leased to Lab Corp and Health Texas Provider Network.

The subject property was built in 2000 of high quality construction and abundant parking which includes an attached covered parking structure. 3333 Colorado is located directly across from Denton Regional Medical Center in the heart of the Denton medical submarket with easy access to Interstate35.

About Marcus & Millichap (NYSE: MMI)

With over 1,600 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 8,700 transactions in 2015 with a value of approximately $37.8 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com