KFG's 271,000-SF investment doubles Austin holdingsKFG's 271,000-SF investment doubles Austin holdingshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=11172015-05-06T08:08:00Z2015-05-05T00:00:00Z

AUSTIN - KFG Investment Co. has increased its industrial portfolio with the acquisition of six properties totaling 271,060 sf — nearly doubling its imprint in the Central Texas market.

The California-based company’s new assets include:

•  Techni Center 6 and 7 at 3714 Ed Bluestein Dr. — 124,390 sf;
•  Cameron Center, 8200 Cameron Rd. — 94,770 sf; and
•  Amorron 6 at 800 Paloma Dr. in Round Rock — 51,900 sf.

Major tenants in the newly acquired properties include Chip Semiconductor, Action Box Co., GTECH Corp. and Busch Semiconductor Vacuum Group. The properties were collectively 95.9 percent leased at the time of sale.

The sellers were TA Associates of Boston and Clarion Partners of New York.

KFG owns an additional 327,000 sf in the Austin region, primarily in Tech Ridge in North Austin near I-35 and in Round Rock.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2015/05/california-investor-doubles-austin-industrial.htmlRead more at {Source}

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