Patrick Mackin Of Artivion Inc. Acquires Industrial Portfolio In Austin For $20.6M

Artivion Inc. has acquired a 162,000-square-foot portfolio comprising three industrial buildings located at 1300 East Anderson Lane and 1200 East Anderson Lane in Austin, Texas. The total sale price for this transaction was $20,600,000, translating to a price per square foot of $127.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $20,600,000
• Buyer: Patrick Mackin - Artivion Inc.
• Seller: 1300 East Anderson Lane Ltd.
• Address: 1300 East Anderson Lane & 1200 East Anderson Lane
• Market: Austin
• Total Square Footage: 162,000
• Purchase Details: Two buildings totaling 75,000 square feet at 1300 East Anderson Lane for $12.1 million and an 87,000-square-foot building at 1200 East Anderson Lane for $8.5 million.

The transaction involved Patrick Mackin representing Artivion Inc. in the acquisition from 1300 East Anderson Lane Ltd. Additionally, the building at 1200 East Anderson Lane was purchased from an affiliate of Sentinel Net Lease, highlighting the strategic expansion plans of Artivion Inc.