MARCUS & MILLICHAP ARRANGES THE SALE OF A 64,688-SQUARE FOOT OFFICE BUILDING

IRVING, TEXAS, October 25, 2021–Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Colinas Business Park, a 64,688-square foot office property located in Irving, TX.

“The multiple offers received showcase the increase in investor demand for office assets in the DFW market” says Joseph Jaques, Vice President of Investments, out of Marcus and Millichap’s Dallas Office.

Mr. Jaques and Ron Hebert, Investment specialists at Marcus & Millichap, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

Colinas Business Park is located at 4320-4324 N Belt Line Rd in Irving, TX.

About Marcus & Millichap (NYSE: MMI)

With over 2,000 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 8,954 transactions in 2020 with a value of approximately $43 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.