AUSTIN-Following two years as a tenant at Kelly Trade Center II on the southeast side, Goodwill Industries of Central Texas opted to become an owner. To that end, the organization acquired the 124,200-square-foot industrial building as well as an adjacent 3.5-acre parcel for expansion.

According to Graydon Laguarta, executive vice president with St. Croix Capital Advisors, the property at 6505 Burleson Rd. was developed on spec by Trammell Crow Co. during the late 1990s. It was acquired in 2007 by a TIC fund pulled together by St. Croix Capital Corp. Originally the site of numerous tenants, Kelly Trade Center II lost its final tenant when the economy collapsed. Goodwill Industries leased the space in late 2010.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.