ROUND ROCK, TX—CBRE has completed the sale of five freestanding tilt-wall industrial buildings in the Forest Commons Business Park at 3912 - 3920 Gattis School Road in Round Rock. Long View Equity Partners, an Austin, Texas-based real estate investment firm acquired the assets from HOWMAT Development L.P. The buildings were designed and built by HOWMAT's parent company, Central Texas Tiltwall L.P., an Austin-based design build firm.

Long View expects the transaction to be immediately accretive for its third co-mingled investment fund. The combined 160,830-square-foot facility is 100% leased to a variety of industrial and flex office tenants. Long View plans to hold the property long-term.

A principal of Long View Equity Partners, Todd Caven commented, “We are pleased to add this quality multi-tenant asset to our investment portfolio. We continue to be attracted to the growth of the Round Rock market and feel the property's location and convenient access to the Interstate 45 and Highway 130 toll roads will assist greatly in keeping it highly occupied.”