SOLD
CBRE Brokers Sale Of West Side Village Retail Property In Austin To Riverside Investment Firm
1214 West 6th Street & 1312 West 6th Street
Retail
102,784 SF
102,784 SF
Sold 185 days ago
Summary
Sale
TEXAS
Retail
102,784 sqft
The 51,392-square-foot vacant West Side Village retail property near downtown Austin has been sold in a recent transaction. Located at 1214 West 6th Street and 1312 West 6th Street, the property offers potential for redevelopment. The sale was brokered by CBRE, and the property was purchased by Austin-based investment firm Riverside.
Summary of transaction details:
- Property Type: Retail
- Square Footage: 51,392
- Acres: 1.75
- Address: 1214 West 6th Street & 1312 West 6th Street
- Market: Austin
The sellers of the property were Stonelake Capital Partners, represented by Kenneth E. Aboussie, Jr., and Schlosser Development, represented by Bradley Schlosser. The brokerage services were provided by Bradley Bailey and Logan Reichle of CBRE. The transaction offers an opportunity for Riverside to capitalize on the property's redevelopment potential.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Kenneth E. Aboussie, Jr., Bradley Schlosser, Bradley Bailey & Logan Reichle
DATE: 11/01/2023
ADDRESS: 1214 West 6th Street & 1312 West 6th Street
MARKET: Austin
ASSET TYPE: Retail ~ SF: 51,392 ~ ACRES: 1.75
SELLER: Stonelake Capital Partners (@StonelakeCapital) - Kenneth E. Aboussie, Jr.; Schlosser Development - Bradley Schlosser
BROKERS: Bradley Bailey & Logan Reichle - CBRE (@CBRE)
NOTE: CBRE has brokered the sale of the 51,392-square-foot vacant West Side Village retail property near downtown Austin, which has redevelopment potential. The property was sold by a joint venture between Stonelake Capital Partners and Schlosser Development to Austin-based investment firm Riverside.
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Address1214 West 6th Street & 1312 West 6th Street
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