Prosper, Texas — Marcus & Millichap has arranged the sale of North Preston Village, a 14,240-square-foot retail strip center in Prosper, about 35 miles north of Dallas. The property was built on two acres in 2018 and houses tenants such as Orangetheory Fitness and restaurant The Brass Tap. Chris Gainey and Philip Levy of Marcus & Millichap represented the seller, a partnership, in the transaction. The buyer was a locally based 1031 exchange investor.
Marcus & Millichap Arranges Sale of 14,240-Square-Foot Retail Strip Center in Prosper, Texas