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JLL Tapped to Lease Master-Planned Industrial Park
JLL has been hired as leasing agent for Innovation Business Park, a newly-developed master- planned industrial park in Hutto, north of Austin. SVP Ace Schlameus and VP Kyle McCulloch are leading the marketing and leasing effort for the property on behalf of the ownership.
Innovation Business Park was purchased in a venture formed by St. Clair Commercial Real Estate (SCCR) and Ledo Capital Group (LCG). This marks the tenth Texas acquisition by the SCCR/LCG venture, with additional announcements forthcoming.
“This is a key location in Austin, and allows us to deliver institutional quality industrial product for mid- to large users targeting occupancy in North Austin,” said SCCR principal Greg St. Clair.
The development consists of two Class A buildings totaling 381,598 square feet. Building One has 69,720 square feet currently available. Building Two, currently under construction, is expected to deliver in the fourth quarter.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
- ◦Lease
