CRIMSON ACQUIRES ASPEN LAKE OFFICE BUILDING IN AUSTIN

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AUSTIN — Crimson Real Estate Fund, L.P., and its co-investment partner, USAA Real Estate Co., have acquired the Aspen Lake office building located in northwest Austin from Wells Fargo Bank. Aspen Lake is a four-story, 205,000-square-foot Class A office building located near the intersection of U.S. Highway 183 and State Highway 45. Leasing services will be provided by AQUILA Commercial, LLC, under the direction of Crimson Services, LLC, an affiliate of Crimson Real Estate Advisors, L.P. Crimson Services will also provide property management services.

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