SOLD
Cynthia Powell's HPI Real Estate Acquires Office Property On Mopac Expressway In Austin
901 South Mopac Expressway
Office
237,400 SF
237,400 SF
Sold 94 days ago
Summary
Sale
TEXAS
Office
237,400 sqft
HPI Real Estate Services & Investments has successfully reacquired Barton Oaks Plaza II and III in Southwest Austin, solidifying its position as the sixth-largest commercial property owner in Austin. The property, located at 901 South Mopac Expressway, spans a total of 237,400 square feet. The transaction was completed on 02/01/2024.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Market: Austin
- Buyer: Cynthia Powell - HPI Real Estate Services & Investments
- Seller: Andrew Schlossberg - Invesco
- Brokers: Andrew Levy & Kelsey Shebay - JLL
This deal emphasizes HPI Real Estate Services & Investments' strong position in the Austin office market. With the acquisition of Barton Oaks Plaza II and III, their portfolio now includes a total of 3.9 million square feet across 53 buildings. This move is expected to further bolster their presence in the commercial property sector.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Cynthia Powell, Andrew Schlossberg, Andrew Levy & Kelsey Shebay
DATE: 02/01/2024
ADDRESS: 901 South Mopac Expressway
MARKET: Austin
ASSET TYPE: Office ~ SF: 237,400
BUYER: Cynthia Powell - HPI Real Estate Services & Investments (@HPI_TX)
SELLER: Andrew Schlossberg - Invesco (@Invescous)
BROKERS: Andrew Levy & Kelsey Shebay - JLL (@JLL)
NOTE: HPI Real Estate Services & Investments revived Austin's office market by reacquiring Barton Oaks Plaza II and III in Southwest Austin, totaling 237,400 square feet. This move strengthens HPI's position as the sixth-largest commercial property owner in Austin, with a portfolio of around 3.9 million square feet across 53 buildings.View on map
Loading...
Address901 South Mopac Expressway
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want