Orus Capital Acquires Fully Leased Woodland Place Retail Center In Austin From WP 183 Retail 2022 LP

The retail asset located at 13616 North Hwy 183 in Austin spans 11,049 square feet and occupies 1.9 acres. It is fully leased to three medical tenants within the Woodland Place retail center. This property marks a significant transaction for the buyer, as it represents Orus Capital's first acquisition in the Austin market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 13616 North Hwy 183
• Market: Austin
• Square Footage: 11,049
• Acres: 1.9
• Buyer: Orus Capital
• Seller: WP 183 Retail 2022 LP
• Broker Representatives: Cathy Nabours, Kyle Shaffer & Sam Nichols - SRS Real Estate Partners

The deal involved Los Angeles-based Orus Capital acquiring the property from WP 183 Retail 2022 LP, which was represented by SRS Capital Markets. This transaction showcases the ongoing interest in retail real estate within Austin, particularly in properties with established tenants.