Search
 

2007 Buying Plan Gets Another 119,000 SF

AUSTIN-A Dallas investor moves a step closer in its goal to acquire $100 million of assets by year's end. The new add is a five-building complex.

By Amy Wolff Sorter | Updated on March 24, 2007

(To read more on the industrial market, click here.)

AUSTIN-A Dallas company has claimed a 119,000-sf warehouse complex from an Austin partnership for slightly less than its $8.5-million ask. The buyer’s second acquisition keeps it on track to meet its $100-million acquisition goal by year’s end.

Vintage Interests LP plans a $250,000 investment into the five-building Beatrice Cove Park at 2335-2415 Kramer Lane, which it acquired from TCC-Beatrice Cove LP. Rusty Perry, Vintage’s managing partner, says the capital will be used to replace roofs, take care of general deferred maintenance and cosmetic improvements to the office and industrial complex.

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.