realestate

SRS Partners Completes Sale of Greenlawn Retail Center in Round Rock, Texas

SRS Real Estate Partners sells The Shops at Greenlawn, a 92%-occupied retail center in Round Rock, TX.

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RS Real Estate Partners has announced the sale of The Shops at Greenlawn, a 22,970-square-foot retail center in Round Rock, Texas. Cathy Nabours, Kyle Shaffer, and Sam Nichols from SRS Capital Markets represented Mathias Partners, the seller, an Austin-based investment firm. The buyer is a global real estate investor based out of state.

    The property, which is 92% occupied by nine tenants, attracted multiple offers due to its strong location near Dell Computers' headquarters and across the street from a H-E-B Grocery center. Nearby, Mark IV Capital is developing The District, a 65-acre mixed-use project that will feature shopping, dining, office space, and Class A residential units.

    This sale marks SRS's third multi-tenant shopping center sold in three months. In total, SRS Capital Markets has completed over $1.2 billion in deal volume this year, with more than 350 transactions across the nation. The company currently has over 845 properties on the market valued at over $3.7 billion.

    SRS Real Estate Partners is a commercial real estate firm founded in 1986 that provides solutions to tenants, owners, and investors. Headquartered in Dallas, SRS has grown into one of the industry's most respected leaders with 29 offices across the US.

Round Rock, Texas retail center sold by SRS Partners in commercial real estate deal.