Asana Partners Acquires The Arboretum Shopping Center In Austin For Retail Renovation

The asset involved in this transaction is a retail property located at 10000 Research Boulevard in Austin, encompassing a square footage of 197,105. This transaction is part of the Austin market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 10000 Research Boulevard
• Market: Austin
• Buyer: Terry S. Brown, Sam Judd & Jason Tompkins - Asana Partners

Asana Partners has acquired The Arboretum shopping center and intends to undertake renovations, including the reconfiguration of common areas for live music and dining. Sitework is expected to commence this summer, with completion projected for early 2027.