Marcus & Millichap Arranges Sale of Two-Building Industrial Warehouse in Beaumont

Marcus & Millichap announced the sale of Avenue A Warehouse Park, a two-building, fully occupied, 24,000-square-foot, multi-tenant industrial property located in Beaumont, Texas, according to Division Manager Tim A. Speck of the firm’s Dallas office.

Senior Managing Director Investments Adam Abushagur and Associate Max Lozmack had the exclusive listing to market the property on behalf of the seller, a local private investor. The buyer, a private investor out of California, was also procured by Abushagur and Lozmack.

Avenue A Warehouse Park is located at 5452 Hagner Road in Beaumont, Texas. The subject property is situated on 0.77 acres of land and was built in 1970.