Terry Montesi And Tommy Miller Acquire Oak Hill Plaza In Austin For Retail Development

The property involved in the transaction is Oak Hill Plaza, located at 7101 State Highway 71 West in Austin, TX. This retail asset encompasses 116,000 square feet. The acquisition was made by Trademark Property Company in partnership with Cohen & Steers.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 7101 State Highway 71 West
• Market: Austin, TX
• Square Footage: 116,000
• Buyer: Terry Montesi & Tommy Miller - Trademark Property Company; Joshua Silverman - Cohen & Steers
• Notable Tenants: Wells Fargo, Pluckers, Dollar Tree, AutoZone, Jim’s Restaurant, The Pickle

In this transaction, Trademark Property Company will manage, lease, and renovate the neighborhood shopping center. The new ownership is focused on upgrades and enhancing the tenant mix with a stronger lineup of local and regional retailers.