San Francisco-based Spear Street
Capital has put together financing to buy the 1.1 million sq. ft.
Riata office complex in Northwest Austin this week, the largest area
office deal in more than a year.
That price would make it the second-largest acquisition of a
suburban office property nationwide this year, behind one in Atlanta,
and the third-largest deal in terms of square footage, says Dan Fasulo.
The Austin sale includes Riata Corporate Park and Riata Crossing, both at Research Boulevard and Parmer Lane.