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There are 35 opportunity zones within the Austin metro area and 21 within the limits of Travis County, which has the sixth highest score allocated for GDP growth.
The property adjacent to Interstate 85 at 117 Valentine Industrial Parkway totals 1.021 million square feet and was recently completed by USAA Real Estate/Seefried of Atlanta.
"John has positioned STV as a leader in systems design and has spearheaded our efforts in intelligent transportation systems, security and resiliency services and other areas," says STV's Martin Boyle.
The portfolio includes four buildings in Chicago, two buildings in Cincinnati, 12 buildings in Columbus, two buildings in Indianapolis, and one building in Louisville.
“We continue to see a flood of investors exploring alternative industrial niches such as truck terminals, cold storage and flexier property types,” says HFF's Marc Duval.
Albert Picallo and Masato Inagaki, who co-founded Focal Point Capital Advisors in 2011, will join the new CBRE Loan Services entity as managing director and head of underwriting and director, underwriting respectively.