Capital Markets | Private Capital Group
JUST SOLD

Tuscany Technology Center,

Building 4

Austin, Texas
C
::

SINGLE TENANT NNN OFFICE PROPERTY

The Austin Private Capital Group is pleased to announce another successful closing.

 

Tuscany Technology Center, Building 4

Austin, Texas

 

Sold: September 2011
Size: ±54,865 SF
Area:    ±7.7 Acres

 

Walter Saad and Cathy Nabours of the CBRE Private Capital Group partnered with Todd Mills of the CBRE Institutional Group to represent McShane Development Corp. in the sale of Tuscany Technology Center, Building 4 in Austin, Texas.  The asset was purchased by GSL Welcome Group of Houston. GSL Welcome Group was represented by Jim  Gibson of Stan Johnson Company. The single tenant property, occupied by Gila Corporation, sits on ±7.7 acres in northeast Austin inside Tuscany Technology Center, a 600,000-square-foot multi-building office and industrial park. This is GSL Welcome Group’s third acquisition in the Austin area and adds to its Texas single tenant facilities of over 75 buildings.  For more details on this sale or if we can provide you with an opinion of value on your real estate holdings, please contact us. 

 

Walter Saad

Private Capital Group

First Vice President

512.499.4925

walter.saad@cbre.com

 

Cathy Nabours

Private Capital Group

Vice President

512.499.4917

cathy.nabours@cbre.com

 

 


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