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Tuesday, 21 August 2007

University of Texas at Buys Land in Austin

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Austin Business Journal

The University of Texas at Austin has paid $1.5 million for a 2.4-acre parcel that will serve as a permanent site for its University of Texas Elementary School campus. The property, which was appraised for about $1 million more than the purchase price, was sold by Austin developer Perry Lorenz. The university plans to build a 50,000-square-foot building on the site of the current elementary school campus, 220 E. Sixth St., as well use a half-acre site adjacent to the property.


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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Austin
  • States: Texas
  • Sector: Other
  • Subject: Property Acquisitions (ACQ), Southcentral Regional Digest (SCDIG)
  • Valuation: Less than $10 million
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