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City Of Austin Acquires 143-Acre Campus At 6500 Tracor Lane For $41 Million

Property Image
SOLD
$41,000,000

Texas

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Mixed-use2,400,000 SF
Sold 10/27/2025
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Property Image
SOLD

City Of Austin Acquires 143-Acre Campus At 6500 Tracor Lane For $41 Million

6500 Tracor Lane

See Similar Deals
Mixed-use2,400,000 SF
Sold 10/27/2025
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Mixed-use
Price Per Square Foot:$17
Total Square Footage:2,400,000 SF
Transaction Type:Sale

The City of Austin purchased a mixed-use property located at 6500 Tracor Lane, which spans 143 acres and encompasses 2.4 million square feet of office, industrial, and storage space. The sale price was $41 million, translating to $17 per square foot. The property is situated in the Austin market.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $41,000,000
  • Square Footage: 2,400,000
  • Acreage: 143
  • Buyer: The City of Austin
  • Seller: David Cohen - Karlin Real Estate
  • Price per Square Foot: $17

David Cohen, representing Karlin Real Estate, was involved in the sale of the property, which was previously acquired from BAE Systems five years ago. The City of Austin plans to study the future uses for the site following this acquisition.

Players

David Cohen
David Cohen
20 deals$335.6M volume
SELLER
KE
Karlin Real Estate
SELLER

Details

SOLD
IMAGE: David Cohen DATE: 10/27/2025 ADDRESS: 6500 Tracor Lane MARKET: Austin ASSET TYPE: Mixed-use ~ SF: 2,400,000 ~ ACRES: 143 BUYER: The City of Austin SELLER: David Cohen - Karlin Real Estate SALE PRICE: $41,000,000 SF: 2,400,000 ~ PPSF: $17 NOTE: The City of Austin purchased a 143-acre campus at 6500 Tracor Lane with 2.4 million square feet of office, industrial, and storage space for $41 million. Karlin Real Estate sold the property, which it acquired from BAE Systems five years ago; the city will study future uses for the site.

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