Partners Capital Sells 73105 Square Foot Retail Center In San Marcos To Austin Buyer

The San Marcos Place retail center, located at 900 Bugg Lane in San Marcos, Texas, encompasses a total of 73,105 square feet. The property was 82% leased at the time of the sale, housing tenants such as the Social Security Administration and the United States Postal Service. Partners Capital acquired the asset in 2018 and completed renovations in 2017.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Undisclosed
• Address: 900 Bugg Lane, San Marcos, Texas
• Market: San Marcos
• Seller: Partners Capital
• Broker Representatives: Cathy Nabours and Kyle Shaffer - SRS Real Estate Partners

The buyer of the retail center is an undisclosed entity based in Austin. The transaction was facilitated by SRS Real Estate Partners, with Cathy Nabours and Kyle Shaffer representing the seller, Partners Capital, in the deal.