Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Independence Park, a 31,950-square foot retail property located in Plano, Texas.

Philip Levy, an investment specialist in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor, and procure the buyer, a private investor.

“Because our nationwide platform maximized exposure to the property, we were able to procure multiple offers within five business days of the start of our marketing process, and one offer had very aggressive terms with hard earnest money day one. That coupled with the pricing made it an easy decision for the Seller.” said Levy.

Independence Park had some vacancy left as an upside and is situated on an excellent corner location. The property is located at 3020 Legacy Drive in Plano, Texas

About Marcus & Millichap (NYSE: MMI)

With nearly 2000 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 9,472 transactions in 2018 with a value of approximately $46.4 billion. Marcus & Millichap 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.