MMG Equity Partners sold the Medley Distribution Center at 9400 NW 104th St. in Medley to Lincoln Advisory Group Ltd.
The property currently serves as a distribution center for Navarro Discount Pharmacy.
Built in 1996, the 268,539-square-foot industrial building is adjacent to The Port @ Medley Industrial Park consisting of 10 buildings totaling 800,000 square feet, which is owned by the same pension-fund client.
Mike Davis and Wayne Ramoski with Cushman & Wakefield represented the seller in the transaction.
Lincoln will manage the location in-house.