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 Miltech Business Center, a multi-tenant industrial property located in Fort Worth, Texas, according to Kyle Palmer, Regional Manager of the firm’s Fort Worth office.

Cody Payne, an Associate in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, an individual/personal trust, was also secured by Mr. Payne.

Miltech Business Center is a single-story, multi-tenant flex building located at 3333 Suffolk Drive in Fort Worth, Texas. The property is situated just a few miles south of Interstate 30, allowing for easy access from all Dallas/Fort Worth locations in the metroplex including the Dallas/Fort Worth International Airport.

Built in 2003, the building has 21,350 rentable square feet of office/flex building. Each unit has exterior drive up door(s) with 18-foot ceilings. This property is currently 100 percent occupied.

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