PS Business Parks Buys Three Austin Flex Buildings for $15M
AUSTIN, TX-PS Business Parks Inc., a Glendale-based real estate investment trust that manages and owns business parks in eight states, has acquired three multi-tenant flex facilities in Austin for $14.9 million. The buildings are located adjacent to the REIT's business parks.
The flex buildings, which comprise 226,000 square feet, are 86% leased. The company owns six business parks in Austin and its current portfolio includes 28.3 million square feet of property. For the full story, go to San Fernando Valley Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Register now for RealShare INDUSTRIAL on November 4-5 in Miami. Hear about the latest opportunities from the nation's foremost experts.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.