Land under 12-acre Top Golf in Austin soldLand under 12-acre Top Golf in Austin soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=5452015-06-30T10:29:00Z2015-06-30T00:00:00Z

AUSTIN - Top Golf, the upscale driving range and entertainment venue in North Austin, has a new landlord — Houston-based OrangeStone Capital.

The 12-acre property includes a 65,000-sf clubhouse and 102 hitting bays. Top Golf — headquartered in Dallas — has a 15-year lease with three five-year extensions.

The Travis Central Appraisal District tabbed the value in 2015 at a little more than $14 million.

OrangeStone Principal Hussain Nathoo said the value is in redevelopment potential of about 2.7 million sf that could eventually be built there.

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Austin Business Journal
Austin-Round Rock
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