Marcus & Millichap Sells Arkos Field Services Industrial Facility In Midland, Texas

The sale of Arkos Field Services, a 21,000-square-foot industrial facility in Midland, Texas, was recently announced. Located at 11716 Highway 191, this property generated significant interest, receiving five offers in less than two weeks. The transaction was facilitated by Marcus & Millichap, a prominent brokerage firm. The sale of this industrial asset allowed the out-of-state seller to reinvest in their local market, showcasing the value of the property.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Market: Midland
• Square Footage: 21,000
• Address: 11716 Highway 191

Adam Abushagur, Davis Cagle, and Nathan Parkey from Marcus & Millichap played integral roles as brokers in this successful deal. Their expertise and efforts in marketing the property led to a quick turnaround with multiple offers. By collaborating with Marcus & Millichap, the out-of-state seller was able to strategically reinvest in their local market, highlighting the significance of effective brokerage representation in property transactions.