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Braker Center 13-building portfolio sold in AustinBraker Center 13-building portfolio sold in Austinhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=44892014-04-07T07:51:00Z2014-04-04T00:00:00Z

AUSTIN - Westmount Realty Capital LLC has acquired a 13-building, 546,984-sf portfolio within the Braker Center business park in Austin. The portfolio is located between I-35 and the MoPac Expy. in the North Central submarket.

Originally developed in the mid-1980s for light industrial use, the structures are now primarily finished out as office space.

The assets were 88 percent occupied at the time of the sale. The Dallas-based company is planning to invest approximately $1.5 million in an architectural facelift and will rebrand the complex as The Offices at Braker Center.

Company News Release
Austin-Round Rock
Office
http://www.westmountrc.com/pages/news_03-28-14Read more at {Source}

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