Jason Burger And Hugo Li Of Terracotta Management Acquire Retail Asset In Pflugerville From Ridge Hill Investments
15806 Windermere Drive
Building Size
34,000 SF
Asset Type
Retail
Closing
Aug 10, 2025
AI
The property asset involved in the transaction is a retail space located at 15806 Windermere Drive in Pflugerville, covering an area of 34,000 square feet. The transaction took place on 08/11/2025, with Ridge Hill Investments as the seller.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 15806 Windermere Drive
- Market: Pflugerville
- Buyer: Jason Burger & Hugo Li - Terracotta Management
- Seller: Ridge Hill Investments
- Buyer's Representative: Todd Mahler
- Seller's Representative: Coleman Solomon - Marcus & Millichap
The deal was facilitated by key individuals including Todd Mahler, representing the buyers, and Coleman Solomon, representing the sellers. Both parties are associated with established companies in the real estate sector, contributing to the successful closure of this transaction.
Players
Pflugerville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93