HOUSTON–Rockspring Capital, a privately ownedreal estate investment firm based in Houston, has acquired a28.44-acre site in the northwest Austin submarket of Leander.

The site is off Old FM 2243, just west of US 183, and iscentered between several single-family and commercial developmentswithin the Leander Independent School District. The lot is a primelocation for a multifamily development with commercialfronting.

“Leander is a great community that is growing rapidly and wehope that this is the first of many acquisitions in the area,”Michael Ross, vice president of asset managementand entitlement for Rockspring, told GlobeSt.com. “As a team,we are very excited to own this excellent property in the Leandermarket.”

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