InvenTrust Properties Corp. Acquires Retail Property In Austin For $189.3M

InvenTrust Properties Corp., represented by David Heimberger, has acquired a retail property in Austin. The property is located at 4301 West William Cannon Drive and 5800 W Slaughter Ln. The transaction took place on February 7, 2022, with a sale price of $189,300,000. The total square footage of the property is 525,000, resulting in a price per square foot of $362.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $189,300,000
• Address: 4301 West William Cannon Drive & 5800 W Slaughter Ln
• Market: Austin
• Buyer: InvenTrust Properties Corp. - David Heimberger
• Square Footage: 525,000
• Price per Square Foot: $362

David Heimberger, representing InvenTrust Properties Corp., facilitated the transaction. The acquisition further expands InvenTrust's presence in the Austin market. The deal showcases the strategic vision and expertise of the individuals and companies involved in the transaction.