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Florida Investment Group Scoops Up Second Massive Office Campus In Austin


Accesso Partners has stormed the Austin real estate market with its second huge acquisition this year. The Florida-based real estate investor snapped up 7700 Parmer Lane in north Austin, a 913k SF development with a price tag of nearly $200M, according to the Austin Business Journal. Tenants at the 129-acre, four-building complex include Google, Oracle, Ebay, Paypal and Electronic Arts.

In June, Accesso debuted in the Austin market with the purchase of Riata Corporate Office Park, a 688k SF office complex. The price was about $100M.

Accesso says it isn’t finished with Austin yet. Company co-founder and managing partner of investments Ariel Bentata has announced he'll continue to expand in the metro.

If that wasn’t clear before, it certainly is now. [ABJ]


Related Topics: Accesso Partners, 7700 Parmer