Description du portfolio
Jones Lang LaSalle (“JLL”) has been exclusively retained to offer qualified investors the opportunity to purchase Bridgepoint Square 1-5 (the “Property”), a five-building, 440,007 square foot, office complex overlooking Lake Austin in the hills of Austin, Texas. Located on 27.7-acres on the bluff northwest of the Pennybacker Bridge on Capital of Texas Highway (Loop 360), the Property commands the most iconic views in the city and is surrounded by some of the premier developments in West Austin, including West Lake Hills, Austin Country Club and the adjacent proposed Four Seasons Lake Austin Private Residences. Currently 53% leased to a diverse tenant roster, the Property offers value creation through the lease-up and repositioning of the remaining vacancy. Bridgepoint Square offers a unique opportunity to acquire a significant presence in the Austin market with an exceptional value-enhancement opportunity in the most robust market in the United States.
Caractéristiques de l'actif
Média
Points clés d'investissement
Significant Value Enhancement Opportunity
53% Leased Today / 3.8 Years of WALT
Prestigious Office Asset
Most Prominent Suburban Location / Flexible Floorplates / Top of Market Amenities
Landmark Location
Lake & Downtown Views / Hill Country Setting / Immediate Access to Loop 360 and RM 2222
Loop 360 Office Market
Austin’s Premier Suburban Submarket / 9.4% Rent Growth Since 2020
Affluent Demographics
Executive Housing / Home Values Ranging From $1.2M to $8M in a 1-Mile Radius
Austin #5 City For Real Estate Investment
Source: ULI/PwC (2024)
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