AEW Capital Management Acquires Bar W Marketplace Retail Property In Leander From Barshop & Oles
19348 Ronald W Reagan Boulevard
Building Size
189,507 SF
Asset Type
Retail
Closing
Dec 2, 2024
AI
The property involved in the transaction is located at 19348 Ronald Reagan Boulevard in Leander, featuring a total area of 189,507 square feet. It is categorized as a retail asset and is fully leased, anchored by H-E-B.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 19348 Ronald Reagan Boulevard
- Market: Leander
- Asset Size: 189,507 SF
- Buyer: AEW Capital Management
- Seller: Barshop & Oles
- Brokers: Barry Brown, Chris Gerard & Erin Lazarus - JLL
- Lender: Manulife Real Estate Finance
- Mortgage Brokers: Doug Opalka & Jackson Finch - JLL
The transaction involved Jonathan Martin representing AEW Capital Management as the buyer, while C. Patrick Oles Jr. represented Barshop & Oles as the seller. JLL acted as the brokerage firm facilitating the transaction and secured fixed-rate financing through Manulife Real Estate Finance.
Players
Georgetown Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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