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AUSTIN-A 297-acre land sale by Karlin Real Estate is the latest commercial real estate news coming out of the area. The California-based buyer is putting together plans for a massive mixed-use development on the land, which is bordered by McCallen Pass, East Howard Lane, Harris Ridge Boulevard and Tech Ridge Boulevard in the northeast submarket.

Karlin is no stranger to the area, however, having acquired, during the past couple of years, approximately 900,000 square feet in separate transactions. One of those transactions was the 320,597-sqare-foot Parmer Office at 717 E. Parmer Lane that Karlin bought from Dell Inc. and, more recently, leased to General Motors through a long-term agreement.

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