Capstone Equities Acquires Industrial Asset From The Travis Association For The Blind In Austin
2307 Business Center Drive
Building Size
62,750 SF
Asset Type
Industrial
Closing
Mar 11, 2026
AI
The property asset involved in this transaction is an industrial space located at 2307 Business Center Drive in Austin, comprising 62,750 square feet. The transaction was completed on March 11, 2026. The buyer of the property is Capstone Equities, while the seller is The Travis Association for the Blind.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 2307 Business Center Drive
- Market: Austin
- Seller's Representative: Hunter Mills, Matt Frizzell & Brian Liverman - Cushman & Wakefield
Key individuals involved in this transaction include the buyer, Capstone Equities, and the seller, The Travis Association for the Blind, represented by Hunter Mills, Matt Frizzell, and Brian Liverman from Cushman & Wakefield. Their roles helped facilitate this industrial property deal in the Austin market.
Players
Austin Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93