Northwest Austin office campus sells for $258M | Northwest Austin office campus sells for $258M | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=23680 | 2020-01-09T06:00:00Z | 2020-01-10T19:00:00Z | AUSTIN – KKR has purchased Riata Corporate Park, an eight-building office campus at 12331 Riata Trace Pkwy. Built between 1998 and 2000, the 688,100-sf complex is on 51 acres between US 183 and W. Parmer Ln. The deal includes an adjacent 5.6 acres slated for a 64,550-sf office building.
Tenants at Riata include Apple, Allergen, Accenture, UnitedHealth Group, Conduent, Abrigo, and Sonic Healthcare.
KKR purchased the property for $285 million from Partners Group and Accesso Partners. The new owner is planning an $11 million capital improvement program.
The Real Estate Center has more office news for Austin-Round Rock:
| Austin American-Statesman
| Austin-Round Rock
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