AUSTIN, TEXAS — Karlin Real Estate has closed out the 1 million-square-foot first phase of PARMER Technology and Office Park with the sale of Parmer 6.2, a 292,000-square-foot office/flex building, to Casa Marco. Located at 301 Howard Lane, the building is one of three similarly sized institutional quality buildings that make up PARMER’s first phase, known at Sector 6. Karlin acquired the buildings from Dell in December 2012 when the computer maker moved to consolidate its operations to a 350-acre complex in Round Rock. Since then, the Los Angeles-based investor has backfilled 100 percent of the vacant buildings with a variety of companies including GM, Allergan and Met Labs. CBRE’s Mark Emerick and John Barksdale represented both parties in the transactions. Karlin and Dallas-based Trammell Crow Co. are developing the 400-acre technology and office park.
Located at 301 Howard Lane, the building is one of three similarly sized institutional quality buildings that make up PARMER’s first phase, known at Sector 6.
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