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 The Shops at Bethany, a 9,467-square foot retail property located in Allen, Texas, according to Kyle Palmer, Regional Manager of the firm’s Fort Worth office.

Bill G. Jordan, Senior 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, a private investor, was also secured by Mr. Jordan

The Shops at Bethany is a 9,467-square foot strip center located at 740 South Greenville Avenue in Allen, Texas. The subject property was built in 2004 and features all triple-net leases. The center is 100 percent occupied and also has an extra revenue center from a Bank of America ATM.

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