Partners Real Estate arranged the sale of a 19,279-square-foot multi-tenant medical/retail property at 9707 Anderson Mill Road in Austin, Texas.
Partners’ Ryan McCullough and Sean Anderson represented the seller, Scott M. Morledge and 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.
