Austin: 119,000-SF Plaza on the Lake changes hands

AUSTIN – Plaza on the Lake, a 119,464-sf office building, has changed hands. The 1987 built structure is located at 5000 Plaza on the Lake.

The building is 100 percent leased. Tenants, according to the Travis Central Appraisal District, include Amherst Securities Group, Experian, Omni Surgical LP and Bluepoint Games Inc.

New York-based Clarion Partners purchased the office building from Austin-based Endeavor Real Estate Group.

Clarion Partners now owns about 3.8 million sf in Austin. The firm recently purchased two other office buildings and the retail building occupied by Whole Foods Market in The Domain mixed-use project in North Austin.

Read more at the Austin Business Journal.