Lionstone Investments Sells Office Building Near Downtown Austin for $26M

AUSTIN, TEXAS — Houston-based Lionstone Investments has sold University Park, a 206,657-square-foot office building located just north of downtown Austin for $26 million. The building was constructed in 2008 and was approximately 20 percent leased at the time of sale. Ryan Stevens and Drew Fuller of JLL represented Lionstone in the transaction. The City of Austin purchased the building and plans to occupy the space as well.