54K-sf Austin industrial property sold to partnership

AUSTIN – A 54,000-sf light industrial asset at 4806 Commercial Park Dr. has been sold to M2G Ventures in partnership with Blue Vista Capital Management.

Built in 1983 on nearly four acres, the partnership plans to make upgrades to the asset. Upgrades include enhanced landscaping, move-in ready interior offices, storefront upgrades, new signage, painting the building, extending the truck court, and allows for abundant parking. The property is also fully climate controlled with heavy power.

The property was last updated about a decade ago.