Portfolio

Park Centre I - III, Austin TX

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area Net
Occupancy 76.0 %

Portfolio description

JLL is pleased to offer the exclusive opportunity to purchase Park Centre (the “Property” or “Park Centre I – III”), a three building, 76% leased office campus in Austin, Texas. Located in the Loop 360 corridor on Austin’s FM 2222, the Property boasts superior accessibility to all parts of West Austin and is surrounded by the city’s most affluent residential neighborhoods. The portfolio resides in a protected, environmentally sensitive Hill Country setting – creating a competitive advantage with significant barriers to entry. Institutionally owned and maintained, Park Centre is a premier suburban office campus offering significant value creation through the lease-up of remaining vacancy.

Investment highlights

Value Add Opportunity

Rare Office Opportunity in the Texas Hill Country

Connectivity to Greater Austin Area

360 Corridor Office Market

Affluent Demographics

Top Real Estate Market

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List View
Map View
Park Centre I - III, Austin TX (3 Properties)
Park Centre Building I
Austin, United States
Park Centre Building II
Austin, United States
Park Centre Building III
Austin, United States
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Last Updated Date: 02 Nov 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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