
$15.6 Million Non-Performing Orlando Office Loan
US - Orlando, FL
¥2,332,398,000 | 13,111 sm
Jones Lang LaSalle (“JLL”), has been exclusively retained by the Owner to offer qualified investors an opportunity to purchase a fee simple interest in Las Cimas IV (the “Property”), a 138,182 square foot, trophy office asset in the Las Cimas office complex in the hills of Southwest Austin, Texas. Located at the intersection of Capital of Texas Highway (Loop 360) and Bee Caves Road (RM 2244), the Property is surrounded by the city’s most affluent residential neighborhoods, home to myriad corporate decision makers, and is at Southwest Austin’s most amenitized intersection adjacent to Village at Westlake, Loop 360’s premier HEB-anchored retail center. The newest building within the Las Cimas development, Las Cimas IV is 89% leased today to a diverse tenant roster, which includes companies such as Renesas Electronics, Wilson Sonsini & Rosati, and HUB International. Las Cimas IV offers investors an excellent opportunity to acquire a best-in-class asset in a leading Sunbelt market.
4.2 Years of WALT
Durable Cash Flow, Proven Performance
94% Leased Since 2013 & 97% Leased Since 2020
Below Replacement Cost
High Barriers-To-Entry Loop 360 Corridor