Jones Lang LaSalle (“JLL”) is pleased to offer the exclusive opportunity to purchase the fee-simple interest in Westview (the “Property”), a 100,166 SF, Class A office building situated on a half city block of Downtown Austin, Texas. Originally constructed in 1954, the Property underwent a $32M ($321 PSF) total rehab and complete releasing that transformed Westview into one of Austin’s premier creative office buildings. Currently 92% leased, the Property features a diverse rent roll anchored by WeWork (NYSE WE; 47% of NRA) with a weighted average lease term of 7.6 years. Westview features state-of-the-art office finishes, unmatched panoramic views of the Capitol (located one block east) and Downtown Austin to go along with a strong amenity package headlined by an onsite- café, modern building conference facility with state-of-the-art video conferencing, rooftop terrace and entertainment space, fitness center with showers, bike lockers and a shaded courtyard.
Recently Renovated Creative Office Asset to Institutional Standards
Diverse Rent Roll with Consistent Cash Flow
92% Leased with 7.6 Years of WALT
Prime Location in Downtown Austin