Richter says that, since October 2012, she's closed five of 13 buildings that Maxim wanted sold since occupying its 138,000-square-foot campus in Beltwood Business Park. The California-based Maxim inherited the buildings in the early 2000s when it acquired Dallas Semiconductor Corp. Rather than introducing all 13 buildings to the market as a portfolio, however, Maxim opted to bring them to market singly.

"Some of those properties had been listed for several years," Richter explains, adding that once Maxim occupied its new facility, there was more motivation to get the unused buildings off the books. "Last December, the decision was made to get more realistic and aggressive in terms of getting these to market and sold." At that point, she goes on to say, more properties were added to the listing agreement and "we immediately had a couple go under contract."

She goes on to say that the buildings weren't introduced to the market at once because Maxim wanted to take some time to determine which of them should be kept for its own use. "They own everything free and clear," Richter notes. "They weren't under any pressure to dump these buildings, so they didn't."

Though the dust settled on 14330 Midway Rd., Richter says another building, this one at 14540 E. Beltwood has just closed. The building is 100% occupied, and the buyer is an out-of-state investor.

But many of the buildings haven't gone to investors. "These aren't typically investor buildings," Richter explains. "The sales have been user-related, for the most part." She adds that it's her hope to see the remainder of the portfolio sold within the next six months.

The remaining three buildings on the market range in size from 16,600 square feet to 26,500 square feet, and contain furniture and fixtures. "If someone had a situation in which they needed to move in quickly and plug in phones, they could do so," Richter says.