Austin, TX, November 17, 2023 – Partners Real Estate (“Partners”), one of the largest independent commercial real estate firms in Texas, arranged a 1,784-sq.-ft. retail lease renewal with Prime Communications located at Trails at 620, a 147,593-sq.-ft. retail property located at 8300 N FM 620 in Austin, Texas
Partners’ Kevin Murphy and Chad Wallace represented the landlord, Partners Capital in the transaction.
Partners Capital purchased Trails at 620 in October 2020 as part of it’s Fund III investment strategy. Accredited investors can invest all of Partners Capital’s current offerings—directly through the Partners Finance digital investment platform.
During the last seven years, Partners Capital has sponsored seven investment funds across three investment strategies and completed more than $500 million in transaction volume. Its current portfolio comprises more than 1.4 million sq. ft. of properties located throughout Texas’ major markets. Prior to acquiring Waco Gateway Park, Partners Capital recently completed the first acquisition in its Opportunity Fund V, purchasing Westcliff Shopping Center, the platform’s first property acquisition in North Texas.
For more information, please contact Ash Harley-Majic, Marketing & Communications Manager, at 713.275.9641