AUSTIN-An Austin-area company has bought 74 acres near Lake Travis for possible expansion. The property is on Paleface Ranch Road and Paleface Point Drive, about 35 miles west of downtown Austin.

Bill Riedler, founder and president of Global Relationship Centers, purchased the property from a family that had owned it for a number of years. It had been used as a retreat, but it’s no longer needed, according to Kurt VanderMuelen, land and investment specialist at NAI Commercial Industrial Properties Co. in Austin. John Lairsen of Austin’s Travis Real Estate represented the seller.

Global Relationship Centers conducts training courses on human relationships. It has 60 franchised locations in the US and Russia. It currently operates out of 3,600 sf of facilities on an acre lot positioned 200 to 300 yards from the recently purchased property.

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