Marcus & Millichap Inc.
08/18/2026 | Press release | Distributed by Public on 08/19/2026 16:02
Marcus & Millichap Brokers Sale of 54,777-Square-Foot Industrial Flex Property in Aubrey, Texas
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Marcus & Millichap Brokers Sale of 54,777-Square-Foot Industrial Flex Property in Aubrey, Texas
August 18, 2026
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AUBREY, Texas, Aug. 18, 2026 - 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 1518 Navo Road, a 54,777-square-foot industrial flex property.
"I believe the North Dallas industrial market will be one of the most attractive submarkets over the next five to 10 years, driven by continued population growth and corporate expansion," said Cole Collins, associate director investments. "The growing base of local service companies supporting North Dallas relies on well-located industrial parks with small- to midsize bays, and limited new supply creates a favorable environment for properties like this one."
Collins, Adam Abushagur and Davis Cagle, investment specialists in Marcus & Millichap's Dallas office, exclusively marketed the property on behalf of the seller, Preston Forrest Capital, and procured the buyer, Masina Investment Partners.
The property is located at 1518 Navo Road. Built in 2022, the industrial flex park includes 20 suites on 4.54 acres. The buyer plans to continue a mark-to-market leasing strategy as leases expire, capturing rental upside through renewals and new leases while increasing net operating income and long-term asset value.
"I believe the North Dallas industrial market will be one of the most attractive submarkets over the next five to 10 years, driven by continued population growth and corporate expansion," said Cole Collins, associate director investments. "The growing base of local service companies supporting North Dallas relies on well-located industrial parks with small- to midsize bays, and limited new supply creates a favorable environment for properties like this one."
Collins, Adam Abushagur and Davis Cagle, investment specialists in Marcus & Millichap's Dallas office, exclusively marketed the property on behalf of the seller, Preston Forrest Capital, and procured the buyer, Masina Investment Partners.
The property is located at 1518 Navo Road. Built in 2022, the industrial flex park includes 20 suites on 4.54 acres. The buyer plans to continue a mark-to-market leasing strategy as leases expire, capturing rental upside through renewals and new leases while increasing net operating income and long-term asset value.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on August 18, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 19, 2026 at 22:03 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]