AUSTIN – A joint venture of Boston-based Intercontinental Real Estate Corp. and locally based Eurus Capital Partners purchased the 257,000-sf Parmer Business Park.
Located 5300 Riata Park Ct, Parmer Business Park is next to the Apple campus under construction on Parmer Ln.
The six-building project is fully leased to Apple Inc., Oracle Corp., GTech Corp., and Alchemy Systems.
The seller was a RREEF affiliate, which purchased the property in 2012 for around $38.6 million. Kucera Cos. will manage and lease the property.
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