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Leander: Rockspring acquires 28 acresLeander: Rockspring acquires 28 acreshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=25572014-11-06T12:01:00Z2014-11-06T00:00:00Z

LEANDER - Rockspring Capital, a real estate investment firm based in Houston, has acquired a 28.4-acre site off Old FM 2243, just west of US 183. The site is a prime location for a multifamily development with commercial fronting.

The site is located within the Leander Independent School District. Adjacent to the property is a 350-acre plot, which will soon hold 1,000 single-family homes.

Old FM 2243 will expand from two to four lanes next year, which will make the already-popular corridor one of the most-traveled in the area.

“According to U.S. Census data, Leander has more than tripled in size in the last 15 years. This is a result of Austin’s booming economy,” says Jim McAlister IV, president and CEO of Rockspring.

GlobeSt.com
Austin-Round Rock
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http://www.globest.com/news/12_981/houston/acquisitions_dispositions/Rockspring-Acquires-28-Acres-North-of-Austin-352208.htmlRead more at {Source}

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