Details
- Size: 175,950 sq. ft.
- Location: Austin | Texas
Travesia Park
Champion acquired Travesia Corporate Park in Austin, Texas through a foreclosure sale process. Travesia was a speculative office development located on FM 1325 near the MoPac/1 Extension, State Highway 45, and Interstate 35. Travesia includes three single-story buildings totaling 175,950 square feet. Champion acquired the vacant property at a significant discount to replacement cost, and then implemented an aggressive leasing strategy, ultimately achieving an 80% occupancy level before selling the property to an institutional investor.