Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement

You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

I accept the confidentiality agreement

You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1999
Building Area
Occupancy 100.0 %

Property Description

Currently 97% leased, the Property features a diverse rent roll spread out across various industries including finance, insurance, medical and research. With no tenant comprising more than 6.5% of the total NRA, the Property features an extremely balanced rollover schedule and minimal event risk as no more than 30% of the NRA expires during any one year. As tenant leases expire, investors have an opportunity to drive NOI through mark-to-market opportunities as leases are 19% below market in a market which has seen rental rate growth of 26% over the last five years.

Investment Highlights

  • Jones Lang LaSalle (“JLL”) has been exclusively retained by the Owner to offer qualified investors the opportunity
  • to purchase Barton Creek Plaza I-III (the “Property”), a three-building Class A office park totaling 205,705 square feet in Southwest Austin.
Last Updated Date: 23 Jul 2020
Andrew Levy
Andrew Levy
Senior Managing Director, Dallas Office Co-Head
License details
LA-BROK.0995686164-ACT TX-0413696
Todd Savage
Todd Savage
Managing Director, Capital Markets
License details
TX-0509026

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Last Updated Date: 23 Jul 2020

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