Offices at
Braker
11500 Metric Blvd, Austin, TX, USA
SOLD
Westmount acquired this portfolio of 13 buildings in 2014. The portfolio is strategically located between I-35 and MoPac Expressway near The Domain, Austin’s highly successful mixed-use project in the preferred North Central submarket. The buildings were constructed in the mid-1980s, primarily as a series of dock-high, light industrial buildings with low office finish out. Westmount redeveloped the buildings as an office/ flex park with a high degree of office finish-out, now totaling more than 90 percent. The portfolio is now, effectively, a single-story value-office campus.
Westmount has plans to reposition the office/flex portfolio into an attractive and updated office park, with planned improvements totaling $1.5 million for an architectural facelift. We rebranded the property as The Offices at Braker Center as a full-service office property with an onsite manager.
We sold this property in September 2016.
Austin Office Portfolio
Westmount does not currently own any office properties in the Austin market.
- 13
NUMBER OF BUILDINGS
- 600k
TOTAL SQUARE FOOTAGE
- 93%
AVERAGE OFFICE FINISH
- 2014
Year Acquired
- 2016
Year Sold
- 88%
OCCUPANCY AT SALE
More Information
Daniel Blough
214-884-3719
DBlough@westmountrc.com