Ledgestone Development Group Acquires Development Site In Austin With Loan From Maxim Capital Group

The development site located at 2001/2013 West Anderson Lane in Austin has been sold in a closed transaction. The property, with a lot size of 104,108 square feet, was part of a development project. The official plans for this lot are currently being drafted, as indicated by a note from the broker. The attached image shows a similar rendering of the future plans for the building.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: Not specified
• Address: 2001/2013 West Anderson Lane, Austin
• Market: Austin
• Lot Size: 104,108 Sq Ft

The buyer, Ledgestone Development Group, represented by Cass Brewer and Jack Johannesmeyer, acquired the property in this transaction. The lender involved in the deal was Maxim Capital Group, with Adam Glick and Jason Bordenick representing the lending entity. The brokerage team that facilitated the transaction included Jordan Ray, Steven Buchwald, and Lexington Henn from Institutional Property Advisors.