Mega-deal closes in AustinMega-deal closes in Austinhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=181312017-11-03T05:00:00Z2017-11-03T22:50:00Z

​​​​​​​​​AUSTIN – Brandywine Realty Trust has closed one of the largest recent deals in the Austin commercial real estate sector—and executives hope one of the sites it still owns is a prime candidate for Amazon's second headquarters.

Brandywine sold five Austin office properties totaling 1,164,500 sf for $333.3 million on Oct. 18, 2017.

The individual properties weren't identified but the square footage matches up with what was previously reported: 

  • Encino Trace, 5707 Southwest Pkwy., 319,743 sf across two buildings; 
  • Cielo Center, 1250 S. Capital of Texas Hwy., 270,711;
  • Crossings at Lakeline, 11001 Lakeline Blvd., 232,772 sf across two buildings; 
  • Park on Barton Creek, 3711 S. MoPac Expressway, 205,195 sf across two buildings; and 
  • 7000 West at Lantana, 7000 W. William Cannon Dr., 136,075 sf.

Brandywine has also signed a lease to build a 165,000-sf building at its Four Points development in far Northwest Austin. 

The $48 million project is expected to deliver first quarter 2019.​
Austin Business Journal
Austin-Round Rock

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