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Partners Capital Adds Trails at 620 to Portfolio
Partners Capital, the investment arm of NAI Partners, closed on Trails at 620, a retail property located at 8300 N FM 620 in Austin. The Partners Capital team worked with JLL’s Drew Fuller to close the deal, with financing provided by Peyton Jones at Veritex Bank in Houston.
Partners acquired seven of the 17 buildings at Trails at 620, which total 69,037 square feet on 15 acres. In the process, the platform added some high-profile tenants to its portfolio, including Freebirds, MattressFirm, AT&T, and Summer Moon Coffee. Other owners at the development include Moviehouse & Eatery, Holiday Inn, Whataburger, and Flores Mexican Restaurant.
This acquisition is Partners Capital’s fourth acquisition in Fund III and the platform’s 13th deal overall, pushing its portfolio to 1.2 million square feet and more than 400 tenants. Partners Capital is kicking off Fund IV in the next few weeks, with plans to raise $50 million.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition

