Southpark Commerce V is a three-building industrial property that totals 350,171 square feet.
AUSTIN, TX—Quality industrial facilities continue to meet pent-up demand in the southeast Austin industrial submarket, and Southpark Commerce Center V is a good example of that dynamic. This 50% leased three-building industrial property totals 350,171 square feet of recently completed space.
Hillwood recently completed its second investment in Austin with the acquisition of the asset located at 4500 South Pleasant Valley Rd. Transwestern Development Co. was the seller and the price was undisclosed.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
