Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2008
Building Area

Property Description

With 3.7 years of WALT remaining, Park Central is currently 94% leased to a diverse set of creditworthy tenants including Lam Research, Retro Studios (subsidiary of Nintendo), the State of Texas Comptroller, NCS Pearson, Diebold Nixdorf and PCE Paragon Solutions (subsidiary of Foxconn). Additionally, in-place rental rates are approximately 22% below market, presenting an exceptional value enhancement opportunity balanced by a secure income stream and diverse tenant base in one of the nation’s top performing markets, Austin, Texas.

Investment Highlights

Jones Lang LaSalle (“JLL”) is pleased to offer the exclusive opportunity to purchase Park Central (the “Property”), a 114,091 square foot Class A suburban office asset located in North Central Austin, Texas.
Kelsey Shebay
Kelsey Shebay
Managing Director, Capital Markets
License details
TX-566770
Drew Fuller
Drew Fuller
Director, Capital Markets
License details
TX-604743

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.