AUSTIN – Seamless Capital has acquired the two-story Exchange Park office building at 7800 Shoal Creek Blvd. from Equity Commonwealth Management.
The office building delivered in 1974 and underwent renovations in 1997. The asking price for the 151,395-sf asset was $29.2 million with a 7.5 percent CAP rate.
The property was almost fully occupied at the time of purchase.
HFF represented the seller in the transaction.
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