EverWest Acquires Core Office Building
Barton Ridge, Austin, Texas
EverWest, in partnership with Frontal Trust Real Estate USA, is pleased to announce the acquisition of Barton Ridge, a 108,320 square foot office building located at 4544 South Lamar Boulevard, Building 600 in Austin, Texas. Positioned in Austin's high performing Southwest Submarket, the property offers convenient access to Downtown, Austin-Bergstrom International Airport and upscale residential and retail areas.
The project represents an infill Austin, Class A office product that features large floor plate designs and a parking ratio of 5.2:1,000 NRSF; open concept with exposed ceiling suited for Austin's creative tenants.
"EverWest continues to be a big believer in the growth of the Austin market and particularly have a high opinion of the infill South Lamar location, which has been one of the fastest growing corridors for development and redevelopment in the market over the past 10 years. We are excited to obtain another investment in the highly competitive market of Austin for our investors," said EverWest Senior Vice President-Head of Acquisitions, Mark Bigarel, who oversees the company's acquisition activity on a national basis.