Search
 

Three Austin Transactions Bring Average Selling Prices of $90 per sf

AUSTIN-Purchasers secure nearly 250,000 sf of office space at average selling prices of $90 per sf. The deals signal the city's market is getting stronger, says the broker who did the negotiating.

By Connie Gore | Updated on August 13, 2000

Nearly 250,000 sf of office space has changed hands in north Austin at prices reportedly averaging close to $90 per sf.

Austin real estate firm Hill Partners has purchased the 76,213-sf 8610 Shoal Creek and the 52,116-sf Shoal Creek West building at 8712 Shoal Creek Blvd. In another transaction, a partnership of investors led by Michael Powers of the Madison Commercial Group has purchased One Cameron Place, a 122,288-sf office complex at 7901 Cameron Rd.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.