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

Property Image
SOLD
Kyle Shaffer
Cathy Nabours

Texas

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Retail73,105 SF
Sold 11/13/2024
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Property Image
SOLD

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

900 Bugg Lane

See Similar Deals
Retail73,105 SF
Sold 11/13/2024
Kyle Shaffer
Cathy Nabours
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:73,105 SF
Transaction Type:Sale

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:

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.

Players

Cathy Nabours
SRS Real Estate Partners
Cathy Nabours
11 deals
BROKER
Kyle Shaffer
SRS Real Estate Partners
Kyle Shaffer
11 deals
BROKER

Details

SOLD
IMAGE: Cathy Nabours & Kyle Shaffer DATE: 11/13/2024 ADDRESS: 900 Bugg Lane MARKET: San Marcos ASSET TYPE: Retail ~ SF: 73,105 SELLER: Partners Capital BROKERS: Cathy Nabours (@CupcakeNabours) & Kyle Shaffer - SRS Real Estate Partners (@SRSRealEstatePartners) NOTE: Partners Capital sold the 73,105-square-foot San Marcos Place retail center in San Marcos, Texas, to an undisclosed Austin-based buyer, represented by SRS Real Estate Partners. The property, acquired by Partners Capital in 2018 and renovated in 2017, was 82% leased at the time of sale, with tenants including the Social Security Administration and USPS.

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