Fred Lewis & Dennis Cisterna Acquire Office Building In Austin For $10.6M | 1200 East Anderson Lane | Nate Stricklen, Logan Reichle, Bradley Bailey | Office | Sale

Summary

Sale

TEXAS

Office

86,910 sqft

The office property located at 1200 E. Anderson Ln in Austin has been sold in a closed transaction. The property spans 86,910 square feet and was listed for sale at an asking price of $10,593,000.

Summary of transaction details

Property Type: Office
Transaction Amount: $10,593,000
Address: 1200 E. Anderson Ln
Market: Austin
Buyer: Fred Lewis & Dennis Cisterna - Sentinel Net Lease
Seller: 1200 Anderson Partners
Broker: CBRE
Date: 12/23/2021

Sentinel Net Lease, represented by Fred Lewis & Dennis Cisterna, purchased the property, marking their first value-add deal and pushing their total assets under management (AUM) over $200 million.

Read Less

Players

All
4

Agents
3
Agencies
1

Nate Stricklen

Executive Vice President

Details

Deal Summary

SOLD

IMAGE: Fred Lewis & Dennis Cisterna DATE: 12/23/2021 ADDRESS: 1200 E. Anderson Ln MARKET: Austin ASSET TYPE: Office ~ SF: 86,910 BUYER: Fred Lewis & Dennis Cisterna (@DennisCisterna) - Sentinel Net Lease SELLER: 1200 Anderson Partners BROKER: CBRE (@CBRE) ASKING PRICE: $10,593,000 NOTE FROM BUYER: Sentinel's first value-add deal pushes the firm's total AUM past $200MM.

View on map

Address1200 East Anderson Lane

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want