Sold! Class A, 441-unit The Mosaic at Mueller in East AustinSold! Class A, 441-unit The Mosaic at Mueller in East Austinhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=121472016-02-17T06:00:00Z2016-02-17T17:00:00Z

AUSTIN - ​The Mosaic at Mueller, a Class A, 441-unit apartment community, has been sold. 

The community is located at 4600 Mueller Rd. in East Austin, two miles from the University of Texas and four miles from Austin's central business district.

The Mosaic includes one-, two- and three-bedroom units that range in size from 680 to 1700 sf. 

The property was 96 percent occupied at the time of sale.

​Property amenities include an 1,800-sf fitness center, two pools, five courtyards with grilling areas, garage parking and 8,669 sf of fully leased ground-floor retail. 

Mosaic is part of the 711-acre mixed-use Mueller Redevelopment.

When completed, Mueller Redevelopment will consist of more than 4 million sf of office and retail space, 5,700 residences and 140 acres of recreational amenities. 

CBRE Global Investors' U.S. Managed Accounts Group acquired the complex on behalf of Allstate.

Austin-Round Rock
http://rebusinessonline.com/cbre-global-investors-acquires-apartment-community-in-austin-on-behalf-of-allstate/Read more at {Source}

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