290,000-SF Parmer 6.2 trades in Austin office park290,000-SF Parmer 6.2 trades in Austin office parkhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=1912015-08-10T10:43:00Z2015-08-10T00:00:00Z

AUSTIN - Parmer 6.2 — a 292,000-sf office/flex building located at 301 Howard Lane — has been acquired by Casa Marco.

Casa Marco’s acquisition is currently 80 percent leased to Allergan and Brown Traffic Products Inc. Casa Marco subsidiary Permalite Inc. will occupy the remaining space at Parmer 6.2.

The building is one of three similarly sized institutional-quality buildings that make up PARMER’s fully occupied first phase, known at Sector 6.

With the transaction, Karlin Real Estate has closed out its 1 million-sf Phase 1 of PARMER Technology and Office Park with the sale.

Karlin acquired the buildings from Dell in December 2012 when the computer-maker moved to consolidate its operations to a 350-acre complex in Round Rock. Since then, the Los Angeles-based investor has been able to backfill 100 percent of the vacant buildings with a variety of Fortune 500 and privately held companies including GM, Allergan and Met Laboratories.

Earlier this month, Karlin announced the sale of Parmer 6.1, a 302,000-sf office/flex building at 13201 McCallen Pass to GM, which the automaker will use as office space to complement its existing Austin IT Innovation Center.

In addition to the ongoing development of the park’s infrastructure and amenities, Karlin and Trammell Crow Co. (TCC) are completing the first phase of new office construction at PARMER, with Parmer 3.2, a three-story, 192,000-sf office building.

Karlin/TCC have plans to break ground on the sister building, Parmer 3.1 later this year. Both buildings are designed for single- or multi-tenant occupancy, and will feature 64,000-sf floor plates.

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