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RBC Wealth Management Leases 11710 Square Feet At Uplands Corporate Center In Austin

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LEASED
Rick Whiteley
Matt Frizzell
Kevin Granger

Texas

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Office11,710 SF
Leased 09/29/2024
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Property Image
LEASED

RBC Wealth Management Leases 11710 Square Feet At Uplands Corporate Center In Austin

5301 Southwest Parkway

See Similar Deals
Office11,710 SF
Leased 09/29/2024
Rick Whiteley
Matt Frizzell
Kevin Granger
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:11,710 SF
Transaction Type:Lease

The office asset located at 5301 Southwest Parkway in Austin spans 11,710 square feet. This property is part of Uplands Corporate Center and offers advanced HVAC systems aimed at enhancing air quality. The campus features two buildings and still has 14,000 square feet available for lease.

Summary of transation details:

The transaction involves RBC Wealth Management, which aims to open its office by year-end in the newly leased space. The landlords, Drawbridge Realty, have existing tenants such as Tricentis USA Corp. and WuXi Clinical within the property.

Players

Rick Whiteley
Cushman & Wakefield
Rick Whiteley
1 deal
BROKER
Kevin Granger
Cushman & Wakefield
Kevin Granger
4 deals
BROKER
Matt Frizzell
Cushman & Wakefield
Matt Frizzell
4 deals
BROKER

Details

LEASED
IMAGE: Mark S. Whiting, Kevin Granger, Matt Frizzell & Rick Whiteley DATE: 09/29/2024 ADDRESS: 5301 Southwest Parkway MARKET: Austin ASSET TYPE: Office ~ SF: 11,710 LANDLORD: Mark S. Whiting - Drawbridge Realty TENANT: RBC Wealth Management BROKERS: Kevin Granger, Matt Frizzell & Rick Whiteley - Cushman & Wakefield (@CushWake) LEASE TERM: seven-year NOTE: RBC Wealth Management has signed a seven-year lease for 11,710 square feet at Uplands Corporate Center in Austin, Texas, with plans to open its office by year-end. The two-building campus, owned by Drawbridge Realty, has 14,000 square feet remaining for lease and features advanced HVAC systems for improved air quality, with existing tenants including Tricentis USA Corp. and WuXi Clinical.

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Deal Type
Effective Rent (Annual)

$671,210.13

Total Lease Value

$6,712,101.34

Net Landlord Cash Flow$671,210.13