Feb 8, 2016
Austin roundup: auto accessories bold, Hopdoddy to Triangle …
AUSTIN - Here is a brief highlight of real estate news that has not been previously covered for the week ending February 5, 2016. This week's news is highlighted by the purchase...
AUSTIN – Here is a brief highlight of real estate news that has not been previously covered for the week ending February 5, 2016.
This week’s news is highlighted by the purchase of an apartment community, the leasing of a large industrial space and the opening of additional locations for local Austin businesses.
- The Park apartment community at 1300 S Pleasant Valley Rd. has been sold. The property, built in 1973 on about six acres of land, has 168 units.
- LKQ Corp., an international auto accessory company, leased 126,782 sf of industrial space at Heritage Crossing. The property is located at 2500 Scarbrough Dr. near I-35 and SH 45 in north Austin.
- Hopdoddy Burger Bar, the wildly popular Austin-based restaurant, leased 4,070 sf at The Triangle, 4616 Triangle Ave. in north Austin. This will be its third Austin location. Hopdoddy is taking space occupied by Mama Fu’s, which is moving to another site in the development.
- OakPoint Real Estate of Nashville and Haverwood Management of Austin purchased the 69,547-sf Donley Plaza office building at 2201 Donley Dr. The office was built in 1983 and renovated in 2013. It was 65 percent leased at the time of closing.
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