Fred Lewis & Dennis Cisterna Acquire Office Building In Austin For $10.6M

1200 East Anderson Lane, Austin, TX 78752

Building Size

86,910 SF

Asset Type

Office

Closing

Dec 23, 2021

AI

The office property located at 1200 E. Anderson Ln in Austin has been sold in a closed transaction. The property spans 86,910 square feet and was listed for sale at an asking price of $10,593,000.

Summary of transaction details

Property Type: Office
Transaction Amount: $10,593,000
Address: 1200 E. Anderson Ln
Market: Austin
Buyer: Fred Lewis & Dennis Cisterna - Sentinel Net Lease
Seller: 1200 Anderson Partners
Broker: CBRE
Date: 12/23/2021

Sentinel Net Lease, represented by Fred Lewis & Dennis Cisterna, purchased the property, marking their first value-add deal and pushing their total assets under management (AUM) over $200 million.

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