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.