Connor Greissing Of Brick Row Holdings And Ian Ross Of SomeraRoad Acquire 801 Barton Springs Office

The property involved in the transaction is located at 801 Barton Springs Road in Austin. This office building spans a total of 89,577 square feet. It was acquired by the buyers after the previous owners defaulted on a $34.5 million loan, and the acquisition occurred through a court-appointed receiver. Currently, the office space has 41,000 square feet available for lease following WeWork's downsizing from being the sole tenant to occupying just two floors.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $34.5 million
• Square Footage: 89,577
• Address: 801 Barton Springs Road
• Market: Austin
• Buyer: Connor Greissing - Brick Row Holdings
• Buyer: Ian Ross - SomeraRoad

Connor Greissing represents Brick Row Holdings in this transaction, while Ian Ross represents SomeraRoad. Both buyers successfully acquired the property, capitalizing on the opportunity presented by the court-appointed receiver's involvement in the deal.