California investor hands over 60K-sf industrial facility
AUSTIN – A California-based private investor has sold a 60,000-sf industrial facility at 4905 Winnebago Ln. to an Alaskan investor.
The single-tenant facility is leased to ABC Supply Co., a distributor of building exteriors.
Stan Johnson Co. represented the seller. The buyer purchased the property at a 5.5 percent cap rate.
The Real Estate Center has more on Austin's industrial market:
Source: REBusiness Online
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