3 Northwest Austin office properties recently sold for $76 million. An affiliate of Thomas Properties Group sold the Westech 360, Park Centre and Great Hills Plaza buildings to KBS Strategic Opportunity. Combined the three buildings have 517,974 square feet of rentable office space.
This sale is part of the Thomas Properties Group's strategy to cash out on properties that have reached the maximum value, and reinvest in other first-class office buildings.
Read more about the sale http://www.statesman.com/news/business/three-northwest-austin-office-buildings-sell-for-7/nW9pH/