Apple Acquires Office Building In Austin For $140M

320 South Capital of Texas Highway

Office

217,000 SF

Sold 1 year ago

Summary

Sale

TEXAS

Office

217,000 sqft

The property involved in this transaction is an office asset located at 320 South Capital of Texas Hwy in Austin. The sale took place on August 30, 2021. The seller, GLL Real Estate Partners represented by Rainer Göbel, sold the property to the buyer, Apple Inc. represented by Tim Cook.

Summary of transaction details

Property Type: Office
Transaction Amount: $140,000,000
Address: 320 South Capital of Texas Hwy
Market: Austin
Seller: GLL Real Estate Partners - Rainer Göbel
Buyer: Apple Inc. - Tim Cook

The property has a total area of 217,000 square feet. The price per square foot for this transaction was $645.

Details

Deal Summary

SOLD

IMAGE: Rainer Göbel & Tim Cook DATE: 08/30/2021 ADDRESS: 320 South Capital of Texas Hwy MARKET: Austin ASSET TYPE: Office SELLER: GLL Real Estate Partners - Rainer Göbel BUYER: Apple Inc. - Tim Cook SALE PRICE: $140,000,000 SF: 217,000 ~ PPSF: $645

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Address320 South Capital of Texas Highway

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