Luke Wood Ryan Buscha And Graham Goldsmith Acquire Encino Trace Office Campus In Austin

The property involved in the transaction is located at 5707 Southwest Parkway in Austin, comprising an office asset of 324,342 square feet situated on 54 acres. The property features two buildings and is classified as Class A office space. It is notably anchored by Arm Holdings and accommodates various professional tenants, contributing to a stable cash flow and long-term investment potential.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: All-cash deal
• Address: 5707 Southwest Parkway
• Market: Austin
• Square Footage: 324,342
• Acres: 54
• Buyer: Luke Wood & Ryan Buscha - OakPoint Real Estate; Graham Goldsmith - Cross Ocean Partners

The deal was represented by brokers Luke Wood and Ryan Buscha of OakPoint Real Estate, along with Graham Goldsmith from Cross Ocean Partners. OakPoint Real Estate and Cross Ocean Partners were pivotal in the acquisition of Encino Trace, enhancing their portfolio with this strategic investment in the Austin market.