Tuesday, February 28, 2012

Press Release: NickNelson/Jim Young -KW Commerical Announce Sale of Parmer Lane Plaza at IH-35

Press Release

 

MEDIA CONTACT: Jim Young

512-565-7509

jimyoung@kwcommercial.com

 

EINSTEIN BAGELS ANCHORED RETAIL CENTER SOLD

 

Austin, TEXAS, (2/29/12)KW Commercial announced the sale of a 9,750 square foot retail and medical center at 12400 North IH-35 located just south of Parmer Lane on the southbound access road to IH-35. The property contains the tenants: Einstein Bagels, JuiceSpot, Austin Orthodontic and TechRidgeDental. The Buyer, an out of state Investor, was represented by Nick Nelson, and Jim Young, of KW Commercial.  The Seller was represented by Greg Porter, of MP Commercial Partners.

 

“Our team identified this project prior to hitting the market, and moved quickly to secure a Contract due to it’s superior location and tenant mix” said Nick Nelson.  “With the difficult economy, and turbulent stock market, we find investors more and more turning to real estate, seeking quality assets such as this site. Strong national credit tenants such as Einsteins, and strong local credit tenants such as dentists and orthodontists are typical assets we seek out for our Clients.” said Jim Young.

 

 

Jim Young
KW Commercial
512-565-7509
jimyoung@kwcommercial.com
My Listings

1801 Mopac, Suite 100, Austin, TX 78746

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