October 23, 2016
Adler Kawa Real Estate Advisors acquired Kramer 1-5 at Braker Center, a 296,781-square-foot light-industrial portfolio at 1825-1835 Kramer Lane. The buy for the Miami, FL investor is its first in Austin TX. The sales price was undisclosed.
The Kramer business park buildings came on line in the late 1990s, and range in size from 50,012 square feet to 68,400 square feet. Tenants in the park include Volusion, MegaPath, and Structural Integrity Associates.
Tranwestern’s Hale Umstattd and Leah Gallagher represented the seller, HPI Real Estate Services & Investments. Davis Bass of HPI has been retained to market the park for lease.
For comments, questions or concerns, please contact Amy Sorter