Austin, TX,  June 7, 2024 – Partners Real Estate (“Partners”), a full-service commercial real estate firm with an integrated investment and development platform, arranged the sale of a 19,279-sq.-ft. multi-tenant medical/retail property located at 9707 Anderson Mill Road in Austin, Texas.

Partners’ Ryan McCullough and Sean Anderson represented the seller, Scott M. Morledge & Bruce A. Wencel in the transaction. The buyers, Abhishek Mathur and William George of Excelsior Capital, represented themselves.

The team procured multiple offers and secured favorable seller-financing terms to help the property owner preserve sale value amidst difficult market conditions. The buyer was a national medical/retail investment fund in a 1031 exchange.

For more information, please contact Ash Harley-Majic, Marketing & Communications Manager, at 713.275.9641.