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 CVS Pharmacy portfolio, totaling 14,600-square feet and located in Rockdale, Texas, Sulphur Springs, Texas, Clarksville, Texas, and Winnsboro, Texas.

Geoff Ficke, senior vice president investments in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust. The buyer, a limited liability company, was secured and represented by Carlos Cain, associate in Marcus & Millichap’s Denver office.

“After a thorough, national marketing campaign we procured several offers for the portfolio and ultimately sold the package to a New York based buyer,” said Ficke. “This portfolio continues to exhibit the demand we have witnessed for out-of-state capital migration into Texas triple net lease properties.

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.