AUSTIN, TX-A consortium of investors headed by JLM Financial Investments LLC has purchased the industrial campus of Freescale Semiconductor Inc. in East Austin. The property is situated between a Hewlett Packard data center and an active Freescale production plant.
The purchase price of the property was not disclosed, but the 935,255-square-foot campus was marketed in a brochure for an amount of $9 million, or nearly $10 per square foot. The investors are planning recruit local and international companies to lease space. For the full story, go to Austin Business Journal .
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