Travesia Corporate Park Trades for $41M

Taurus Investment Holdings LP ended its five-year hold on Travesia Corporate Park in north Austin. The Boston-headquartered Taurus Investment sold the three-building, 176,621-square-foot property to Jefferson River Capital LLC for $40.9 million. Situated at 3800 Quick Hill Rd., Travesia is 100% leased to Hewlett-Packard, Sonic Healthcare and Protect America.

Todd Mills, Hunter Mills and Carrie Caesar with Cushman & Wakefield represented the seller in the transaction. The buyer is one of two family offices set up by Tony James, vice chairman for Blackstone Group LP.

Taurus Investment acquired the property for $26.9 million in 2014.

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