JV purchases 257,000-sf Austin business parkJV purchases 257,000-sf Austin business parkhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=119362016-01-29T06:00:00Z2016-01-29T17:00:00Z

​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.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2016/01/real-estate-roundup-huge-office-park-near-apple.html?ana=e_aus_real&s=newsletter&ed=2016-01-28&u=yG2E0oPJdYiGi7lZ36mOd56qtUl&t=1454019381Read more at {Source}

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