An affiliate of The Axton Group recently closed on the acquisition of the Renaissance Austin Hotel for $70 million representing more than a 50% discount to replacement cost.
Sack Properties’ Washington State portfolio includes Summit Redmond in Redmond, The Mill in Mill Creek and Chateau Woods, which fit into the firm’s mandate of owning/operating in Western US submarkets.
Aerospace manufacturer Bell Textron recently signed a long-term 109,187-square-foot lease for the entire four-story building at 4151 Amon Carter Blvd. that formerly housed the American Airlines Federal Credit Union.
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