Austin, TX —

AQUILA Commercial today announced it will be marketing three northwest Austin office properties for lease. The properties are owned by KBS and include:

  • Great Hills Plaza, a three-story, 139,000-sf Class A office building located at 9600 Great Hills Trail, just north of Loop 360 and adjacent to The Arboretum
  • Westech 360, a four-building, 176,000-sf Class A office park located at 8911 N. Capital of Texas Highway, across from The Arboretum
  • Park Centre 1, 2 & 3, a three-building, 203,000-sf Class A office property located at 8601 Ranch Road 2222, just west of Loop 360, near Jester Estates

Currently, Park Centre has nearly 100,000 sf of available space, with up to 60,000 sf contiguous. Westech 360 has 12,606 sf available for lease, while Great Hills Plaza has 3,593 sf of available space.

“We are excited to work with KBS on these assets,” said Bethany Perez, Principal with AQUILA Commercial and leasing broker for the portfolio. “We’re initially focused on repositioning Park Centre since it has the most availabilities. We’re adding spec suites and a multi-tenant corridor to provide various size options.”

“Park Centre enjoys a scenic campus setting and most available spaces have hill country views,” said David Putman, Principal with AQUILA and leasing broker for the portfolio. “KBS plans to improve the lobbies, add wayfinding signage and enhance the on-site amenity package, which includes an outdoor pavilion, fitness center, conference facility and fresh micro-market.”

“With these improvements and numerous size suites available, Park Centre is an attractive option to tenants who are also looking for cost effective Class A office space,” Perez added.

“This portfolio has allowed KBS to gain a foothold along the Loop 360 Corridor, Austin’s most desirable suburban market. Great Hills Plaza, Westech 360 and Park Centre have all been a tremendous addition to the KBS portfolio, and Park Centre, especially, presents AQUILA with an exceptional opportunity. KBS is looking forward to working with AQUILA Commercial in a vibrant and thriving market such as Austin,” said Jeff Rader, Senior Vice President for KBS and asset manager for the portfolio.

KBS is a national commercial real estate investment firm, based out of Newport Beach, California, with offices in New York and Washington DC. They own seven properties in Austin, as well as numerous other properties in Texas and across the country.

Bethany Perez, David Putman and Seth Stuart will market the property for lease on behalf of AQUILA Commercial.

About AQUILA

Founded in 2007, AQUILA Commercial is a recognized leader in Austin commercial real estate. Today AQUILA manages and leases over 23 million square feet of office, industrial and retail properties and has over 600 corporate tenant representation clients. AQUILA offers clients full-service real estate solutions, providing tenant representation, project leasing, and asset, property, and project management services for office, industrial and retail properties. For more information, visit: www.aquilacommercial.com.