MIG Snags 100,000-SF Office Building

AUSTIN-MIG Real Estate has expanded its portfolio by one more office building as it takes ownership of the 99,404-square-foot Barton Oaks Plaza I.  The Newport Beach, CA investor bought the class A building from Windsor Realty Funds IV, an investment fund controlled, in part, by Boston-based GID Investment Advisors.

Though sales information for the building at 901 S. MoPac Expressway was kept under wraps, the Travis Central Appraisal District assesses the property at $17.1 million. The appraisal district also indicated that the seller had acquired the office building in June, 2008. J. Todd Mills and Casey Knust of CBRE represented the seller in the direct transaction with MIG.