129,000-SF Class-A Office Coming to Northwest Austin

AUSTIN (Crimson Real Estate Fund LP) – Crimson Real Estate Fund LP and USAA Real Estate Company have broken ground on Aspen Lake Two, a Class-A office building on the city’s northwest side.

Patrinely Group, headquartered in Houston, is developing the 129,000-sf building at the intersection of Lake Creek Pkwy. and Pecan Park Blvd., just east of US 183. Aspen Lake Two is 54 percent preleased to Q2ebanking, a provider of premier electronic banking solutions.

Leasing services will be provided by Austin-based AQUILA Commercial LLC. Crimson Services will manage the property.

The building, designed by Gensler, is scheduled for completion this fall. Harvey Builders is handling construction.