AUSTIN - The Austin Oaks office complex at Mopac Expy. and Spicewood Springs Rd. has been purchased by Spire Realty Group LP of Dallas. The 31-acre campus, which was built in 1973, includes 12 buildings encompassing 445,322 sf.
The office park is the 11th-largest multitenant office in Austin, based on Austin Business Journal research.
The seller was 2011 Austin Oaks Ltd., an entity formed by Austin-based Riverside Resources Inc. Riverside recently paid $35 million for the complex in May 2011.
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