Commercial Property Executive California Bank & Trust has provided a $34.5 million loan for the purchase of the 260,112-square-foot SouthTech Business Center in Austin, Texas KBS Realty Advisors has sold the industrial property to an unidentified investor completing a 1031 tax-deferred exchange. MIG Real Estate brokered the deal for the buyer, while JLL represented the […]

The post Bank Lends $34.5Mln for Purchase of Austin, Texas, Industrial Property appeared first on Commercial Real Estate Direct.