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Buckeye's nutty over SoCo in AustinBuckeye's nutty over SoCo in Austinhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=86752013-01-03T13:26:00Z2013-01-03T11:00:00Z

AUSTIN - Ohio-based real estate investment firm the Connor Group has acquired the Crescent apartment complex at 127 E. Riverside Drive, marking the third Austin-area complex it has purchased.

The purchase price for the complex — which is a five-story, 169-unit building that was completed in 2008 — was $33.5 million. The seller was Texas-based Crescent Apartments LLC.

“We love the SoCo submarket,” the Connor Group’s managing partner Larry Connor said. “When we decided to come to Austin, we had a few specific places where we wanted to be. And the South Congress area was right at the top of that list.”

Read more at the Austin American-Statesman.

Austin American-Statesman
Austin-Round Rock
Multifamily
http://www.statesman.com/news/business/business-digest/ntkjd/Read more at {Source}

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