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Kim Gatley
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enior Vice President & Director of Research at REOC Austin

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Omninet closes on Chase Park complex

Chase Park

Chase Park

Los Angeles-based Omninet Capital LLC recently purchased Chase Park, a five-building office park totaling roughly 285,000 square feet situated on 17 acres at 7700 Chevy Chase Drive near the southwest corner of I-35 and U.S. Highway 183 in North Austin.

The project was constructed in the early 1970s and renovated during the past decade.  Occupancy was reportedly 69% at the time of the sale.  Major tenants include Seton Healthcare Family, Northrop Grumman and the Texas Department of Safety.

Click to read Chase Park complex in North Austin changes hands (Austin Business Journal, 6-20-13)

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