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CenterPoint Properties Trust Acquires Industrial Property In Austin From Promontory Partners

3830 Promontory Point
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This Industrial property located in TX was sold about 2 years ago. The brokers of the deal were Clayton Knavel, Joshua (Josh) Villarreal, and Dom Espinosa

The industrial property located at 3830 Promontory Point in Austin has been sold in a recent transaction. The property spans approximately 69,332 square feet and sits on a land area of 5.96 acres. The sale of this industrial asset took place on January 4, 2022.

Summary of transaction details:

  • Property Type: Industrial
  • Sale Date: January 4, 2022
  • Address: 3830 Promontory Point, Austin
  • Market: Austin
  • Square Footage: 69,332
  • Land Area: 5.96 Acres

The buyer of the property is CenterPoint Properties Trust, while the seller is Promontory Partners. The deal was facilitated by brokers Dom Espinosa, Josh Villarreal, and Clayton Knavel from JLL Capital Markets.

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Deals
  • Location
    3830 Promontory Point Drive, Austin, TX 787443830 Promontory Point Drive, Austin, TX 78744
  • Area
    69,332 SF69,332 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Clayton Knavel

Clayton Knavel

Deals1

Dom Espinosa

Dom Espinosa

Deals22
Sold$47M

Agencies

JLL

JLL

Agency
Deals5591
Volume$332.6B

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

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Deal Summary

SALE IMAGE: Dom Espinosa & Josh Villarreal DATE: 01/04/2022 ADDRESS: 3830 Promontory Point MARKET: Austin ASSET TYPE: Industrial ~ SF: 69,332 ~ ACRES: 5.96 BUYER: CenterPoint Properties Trust SELLER: Promontory Partners BROKERS: Dom Espinosa, Josh Villarreal & Clayton Knavel - JLL Capital Markets

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3830 Promontory Point

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