Westech 360

8911 N. Capital of TX Highway  |  Austin, Texas

Over the past few years, the property underwent significant capital improvements that included an extensive upgrade of the landscaping, signage and lighting for the buildings to increase the property’s visibility from Loop 360. Additional improvements included a new tenant lounge and modernisation of the lobbies, fitness centre, building conference room as well as remodelled restrooms. The property enjoys excellent accessibility to the major business centres around Austin, proximity to residential housing and retail centres and is well-served by two freeways.

Key Statistics

US$49.5M Valuation as of 31 December 2019
175,529 SF Net Lettable Area
90.8% Committed Occupancy as of 30 June 2020
2.7% Previous 12 Month Rental Growth(1)
(7.0%) Projected Rental Growth(1)
Freehold Land Tenure

(1) Refers to average submarket office rent.

Source: CoStar Office Report, July 2020.