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HUSREF – CBRE Closes Southpark Meadows III Sale in South Austin
AUSTIN, Texas – March 2, 2015 – CBRE Capital Markets’ National Retail Investment Group and Michael Maffia of Newmark Grubb Knight Frank announce the sale of Southpark Meadows III, a 257,988-square-foot Class A super-regional power center, on behalf of Austin-based Endeavor Real Estate Group. A joint venture between The Rainier Companies and Harbert Management Corporation purchased the asset for an undisclosed price.
Southpark Meadows III, located at 9900 Interstate Highway 35, is part of the widely acclaimed Southpark Meadows, Endeavor’s 425-acre mixed-use development that includes 1.6 million square feet of retail and is the largest retail shopping destination in the Austin metro.
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