Texas Gas
Service Center

Project

Texas Gas Service Center

Financing

Fully Funded

Financials & Investor ROI

242 acres of Industrial land purchased for $23M. The site was purchased to be divided and marketed in smaller pieces for Austin users and investors. Over a period of 24 months Fund Austin® Team designed and entitled five parcels ready for build-out. Each parcel was brought to market. Site was sokld after this value-added strategy for $31M Investors, equity holders and partners enjoyed strong profits.

Purchased
$ 0 M
Sold
$ 0 M

Purchased, entitled and developed by Fund Austin® Team

  • Home of Texas Gas Service—27 ac site designed and developed by Fund Austin® Team and sold for $5M.
  • 43 ac divided and sold to Dalfen Development for $5.5M.
  • 33 ac suibdivided and sold to Brookfield for $5.5M.
  • 147 ac sold to Perot Group for $16M upon negotiation of a Travis County road extension.

SE Austin Multi-Tract

Home of Texas Gas Service in the Promontory Point neighborhood. Remaining parcels were sold to Brookfield and Perot Group after Fund Austin® Team entitled, subdivided and developed site plots and land use surveys.

Thanks for sharing!

Texas Gas Service Center

Texas Gas
Service Center

Investor Network