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Northwest Austin Industrial Complex Is Sold

AUSTIN, Tex.--CBRE has announced the sale of McNeil 1, a 246,390-square-foot industrial complex in north Austin.

By Anna Caplan | Updated on November 05, 2014

AUSTIN, Tex.–CBRE has announced the sale of McNeil 1, a 246,390-square-foot industrial complex in north Austin. Glendale, Calif.-based PS Business Parks purchased the asset in an off-market transaction from Investors Warranty of America Inc. for an undisclosed price.

McNeil 1, at 12317 Technology Blvd., is partially occupied with approximately 140,000 square feet available for lease. The building is well situated in the northwest submarket, surrounded by flex and office properties and near several high-profile companies, including Flextronics, Luminex and VISA.

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