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 Post Oak Shopping Center, a 20,620-square foot retail property located in Euless, Texas, according to Tim A. Speck, division manager in the firm’s Dallas office.

Philip Levy, investment specialist 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 and represented by Levy.

“We were able to keep the property in escrow amidst COVID-19 and close it despite finding environmental concerns with the property. This was one of the most difficult transactions I have ever been a part of; however, the buyer, seller and I never gave up,” commented Levy.

Post Oak Shopping Center is located at 13912 Trinity Boulevard in Euless, Texas. Constructed in 1968, the building is situated on a 2.3-acres with ample paved parking.

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 9,726 transactions in 2019 with a value of approximately $50 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.