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Modera Domain Houston

Newmark Completes Sale of 354-Unit Modera Domain in Austin

The Modera Domain is next to the Domain, a popular retail and entertainment district in Austin.

Completed in 2022, Modera Domain is a high-end community featuring a mix of studio, one and two-bedroom units. Units are sized at 846 square feet, on average. Development amenities include a resort-style pool, outdoor kitchen with gas grills, modern clubhouse, first floor lounge, fitness center and multi-level parking.

Modera Domain is across the street from one of Austin’s top retail centers. The Domain has four million square feet of office and 1.85 million square feet of retail. In addition, the center is home to major offices of Amazon, Facebook, Indeed and Vrbo.

The asset traded from a joint venture between Mill Creek Residential and PGIM to Clarion Partners. Newmark’s Patton Jones and Andrew Dickson represented the seller.

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Newmark's JonesNewmark's Dickson

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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