Westmount Properties

braker center 6, 7 & 11

Braker Center Real Estate Investment Property

11100 & 11212 Metric Boulevard & 2205 Braker Lane
Austin, TX 78758

Description
The property consists of three office/flex buildings containing a total 217,504 square feet of net rentable building area in Austin, Texas, part of a larger business park known as Braker Center, which is located at the corner of Metric Boulevard and Braker Lane. The overall Braker Center totals over one million square feet of flex, office, and light industrial space.

Originally constructed in 1982/1983, the Property has undergone extensive remodeling and is now over 90 percent fit out as office space. With the currently low occupancy level, there is a phenomenal opportunity for substantial value enhancement.

Austin is a highly desirable investment market with excellent fundamentals that is garnering an increasingly robust level of national investor attention to add to the traditional regional and local investor support. Braker Center 6, 7 & 11 has an excellent location to the north of the Austin CBD. Strategically located between I-35 and Route 1, the Property offers service tenants easy access to Austin and the surrounding areas. In addition, The MoPac Expressway Extension and State Highway 45 North, are underway and will add to the park’s easy access benefiting the local industrial, office and service tenants.

Improvements
The three one-story buildings' sizes are:
Braker Center 6: 39,825 square feet
Braker Center 7: 111,013 square feet
Braker Center 11: 66,666 square feet
Total Property: 217,504 square feet

Parking per building:
Braker Center 6: 117 spaces (2.9 spaces per 1,000 SF)
Braker Center 7: 318 spaces (2.9 spaces per 1,000 SF)
Braker Center 11: 167 spaces (2.5 spaces per 1,000 SF)
Total Property: 602 spaces (2.8 spaces per 1,000 SF)

Land
13.49 acres or 587,548 square feet

Major Tenants
Global Gallery - 19,437 SF - 8.94%
Buffalo Technology - 24,000 SF - 11.03%
Texas Sun & Shade - 11,595 SF - 5.33%
Meta Materials - 9,053 SF - 4.16%
Nextech Solutions - 8,911 SF - 4.10%
Schulz & Co. - 7,445 SF - 3.42%
SAIC - 8,522 SF - 3.92%
Fastenal Company - 9,247 SF - 4.25%
Pollock Paper Distributors - 8,043 SF - 3.7%

Leasing Information
TIG Real Estate Services
David Alsmeyer
512-732-0400 X 103
dalsmeyer@tigusa.com

Management Information
TIG Real Estate Services
Michelle Ackermann
512-732-0400 X 104
mackermann@tigusa.com

More Information
Westmount Realty Capital, LLC
Stephen H. Kanoff
214-944-5454, Ext. 204
skanoff@westmountrc.com