Property was acquired in June 2017 and consists of a 251,143 square foot, five-story, institutional-quality office building situated on 9.22 acres in Austin, Texas. The property is 100% leased and is anchored by Samsung Austin Semiconductor and VMware Inc.
Five-story, Class A building with structured parking, five-story entry atrium and large, efficient floorplates ideal for single- and multi-tenant layouts
Property is part of a planned campus that includes full- and fast-service restaurant options, a unique feature in the suburban market
Well-located along Loop 360—Austin’s most desirable suburban office market, and home to some of the city’s largest technology and professional service tenants
Limited supply of development sites along Loop 360 and proximity to executive housing should maintain the property’s attractiveness in the long-term
Austin’s high quality of life, low cost of living and well-educated workforce, and the lack of state income tax, attract a significant number of technology companies