Buyer Criteria: Hotel Developer
· Geography: Higher end locations in AustinMSA for Hilton, Marriot, Holiday Inn Express (higher end flags)
· Size: Typical 2.5 acres, but some flexibility
· Visibility Preferred Unless at Major Retail Center (like Trails at 620)
· Price: Typically $12-$16/sf, but higher if location is high demand
· Action: Local Buyers who can visit site within 48 hours and move quickly
Jim Young, CCIM, Broker
West Point ‘94
11701 Bee Caves Road, Ste 250
Austin, TX 78738
Twitter: @jimyoungCRE
512-565-7509
-Closed 66,000 SF Retail Center: ABJ Article-
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