27 Eleven Property Sold, Clearing Way For Mixed-Use Redevelopment

Paydar Properties has purchased 27 Eleven from CSW Development. The sale paves the way for the site to potentially become a mixed-use development with a mid-rise multifamily community. 

JLL managing director Scott LaMontagne and associate Michael Gonzalez led the seller representation team. LaMontagne said in a statement that “virtually all major urban developers” were interested in the investment property. 

The site is at 2711 West Anderson Lane near the intersection of MoPac Expressway, adjacent to North Cross Mall and Village Shopping Center. The center's tenants include Alamo Drafthouse, Hopdoddy and Walmart.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Austin - San Antonio Newsletters
Related Stories

Texas Flips Blue, Putting Data Center Boom On Notice

Suburban D.C. County Weighs Microhousing As Affordability Salve

Fannie Mae, Freddie Mac Rewrite Underwriting Standards For NYC's Rent Freeze

RealPage Antitrust Case Ends With Nearly $360M In Settlements For Renters

ZOM Living Entity Files For Bankruptcy To Fund Fight To Overturn $323M Judgment

Golden Apartment Building Sells For $62M To Chicago Company

New Student Housing Towers Lease Up Quickly In University City, But Developers Can't Build More

Nord Group's Lawyer Moves To Quit, Says Entities Can't Pay Him

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

Battered Mortgage REIT Suspends Dividend To Preserve Cash

Tyko Capital Sets New Record For Florida's Largest Construction Loan