Davis Springs I, II, III

Location: Austin, TX
Type: Office
Price: $ 19,500,000

SMC has provided a $19,500,000 first mortgage loan to finance the acquisition of Davis Springs I, II, and III, a 162,113 square foot suburban flex office business center located in Austin TX, approximately 20 miles north of downtown Austin. Davis Springs Corporate Center is a fully developed 24-acre master planned industrial park completed in 2008 totaling 262,582 square feet. The four-building industrial park offers flexible occupancy uses ranging from office and showroom display to bulk warehousing. The Property is 95.8% occupied by Activision Blizzard, HealthTronics and Painted Rock.