Saturday, June 14, 2008

Marcus & Millichap Sells 110,044-SF Shopping Center in Waxahachie, TX


WAXAHACHIE, TX–- Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has arranged the sale of The Marketplace at Waxahachie, (top right photo) the 100,044-square foot shopping center in Waxahachie.

Samuel Herkovits, a senior associate in the Dallas office of Marcus & Millichap, and Gavin Kam, an associate vice president investments and senior director of the firm’s National Retail Group (NRG) in Dallas, represented the seller.

“The new owner has acquired a fully occupied, newly built Class A open-air shopping center in a stable retail market,” says Herkovits.

Located at 791 North Highway 77, near the intersection of Highway 287 and Interstate 35, the multi-tenant shopping center is situated on an 11.4-acre lot and features tremendous visibility and signage along Highway 77.

Constructed in 2006, The Marketplace at Waxahachie is anchored by Bealls, Hastings, Dollar Tree and Sleep Experts, and boasts a diverse mix of tenants, including Cotton Patch Café and Double Dave’s Pizza.

Press Contact: Stacey Corso
Communications Department
(925) 953-1716

No comments: