Two-building industrial park in Austin MSA sells

DALLAS, April XX, 2022 – JLL Capital Markets announced today that it closed the sale of Innovation Business Park I & II, a two-building, Class A industrial park consisting of 361,467 square feet of logistics space in Hutto, Texas near Austin. JLL marketed the...
Renovation and Value Creation

Renovation and Value Creation

The property was acquired in 2 separate transactions from 2 different sellers in March and June of 2018. At the time of acquisition the property was passively managed by both Sellers with deferred maintenance and 30% vacancy, In place rents from the 44 tenant spaces...