Marcus & Millichap Sells Overton Park Professional Center In Fort Worth For DFW-based Partnership

The property asset involved in the transaction is Overton Park Professional Center, situated at 4335 South Hulen Street, Fort Worth. It is an 18,102-square-foot, multi-tenant medical office that is fully leased. The building was constructed in 2000 and is located near Hulen Mall, benefiting from significant traffic counts exceeding 43,000 vehicles per day.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: Not disclosed
• Square Footage: 18,102
• Address: 4335 South Hulen Street, Fort Worth
• Market: Fort Worth
• Brokers: Chris Gainey & Philip Levy - Marcus & Millichap
• Buyer: New York-based 1031-exchange buyer
• Seller: DFW-based private partnership

Chris Gainey and Philip Levy held the exclusive listing for the sale. In addition, Levy and Zan Colin were responsible for securing the buyer for the property. Marcus & Millichap brokered the transaction representing the seller, which reflects the strong demand for medical office assets in the Fort Worth area.