Thorofare Capital Inc. Provides $24 Million Acquisition Loan For Austin Office Property

The property involved in the transaction is an office space located at 7501 N. Capital of Texas Highway in Austin. It spans a total of 131,275 square feet and is situated on a 24-acre plot of land. The transaction took place on February 24, 2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $24,000,000
• Address: 7501 N. Capital of Texas Highway
• Market: Austin
• Square Footage: 131,275
• Acres: 24

Thorofare Capital Inc., represented by David Perlman, provided an acquisition loan of $24,000,000 for the property. The landlord in the transaction is Urbana Partners. The selling party was The RMR Group. The brokers involved in the deal were Eddie Prosser, Henry Johnson, Scott Sumida, Tal Savariego, and Daniel Cohen, all representing Meridian Capital Group.