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University Park office building changes hands

University Park

University Park

The University Park office building (206,657 sf), located at 3300 N. I-35 near the University of Texas campus in Austin’s Central submarket, has a new owner.

The joint partnership Lionstone-Hermes Real Estate Venture recently purchased the eight-story building at I-35 and 32nd St. from San Francisco-based Spear Street Capital. 

Situated at the former Concordia University site immediately north of St. David’s complex north of downtown, the building was reportedly 94 percent leased at time of sale with tenants including Google, ESPN, WeWork and Evernote.

Click to read entire article: 8-story office Austin office tower changes hands (Austin American-Statesman, 3-11-16)

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