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9607 Research Boulevard

Jodie W. McLean Of EDENS Acquires Gateway Shopping Center From Christopher Conlon Of Washington Prime Group
SOLDRetail

Jodie W. McLean Of EDENS Acquires Gateway Shopping Center From Christopher Conlon Of Washington Prime Group

9607 Research Boulevard

Building Size

480,000 SF

Asset Type

Retail

Closing

Feb 23, 2026

AI

The retail property involved in the transaction is located at 9607 Research Boulevard in Austin. It encompasses a total square footage of 480,000 and spans across 46 acres. The center was constructed in 1993 and is currently home to major retailers, including Whole Foods Market, Ulta Beauty, and Nordstrom Rack. Renovations are set to commence later this year.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Buyer: Jodie W. McLean - EDENS
  • Seller: Christopher Conlon - Washington Prime Group
  • Address: 9607 Research Boulevard
  • Market: Austin
  • Asset Size: 480,000 SF
  • Land Size: 46 Acres
  • Year Built: 1993

Jodie W. McLean represents EDENS in the acquisition of the Gateway Shopping Center from Christopher Conlon, who represents Washington Prime Group. The deal includes plans for upcoming renovations to enhance the retail space.

Players

Jodie W. McLean

Edens

Buyer

$359.1M

vol

8 deals

Buyer
Christopher Conlon

Christopher Conlon

Washington Prime Group

Seller

$591.2M

vol

10 deals

Seller

Austin 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