The property asset involved in this transaction is an industrial facility located at 4777 East Highway 71 in Austin. The asset has a total square footage of 101,000 and is classified as a Class-A facility. This location is notable for being the site of the area's first industrial lease exceeding 100,000 square feet since August 2024.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Square Footage: 101,000
• Address: 4777 East Highway 71
• Market: Austin
• Landlord: Jeff Small, Jr. - MDH Partners
• Landlord's Representative: Ace Schlameus & Travis Secor - JLL
• Tenant's Representative: Brett Arabie - Cushman & Wakefield

The transaction represents a significant achievement for MDH Partners as they secured their first tenant at the 71 Logistics Center. The facility, completed in July 2024, still offers 115,000 square feet for lease, highlighting the ongoing potential for future leasing opportunities in the area.