NAI Partners has arranged the sale of Davenport 360, a 37,500-square-foot, Class A office property located at 6001 Bold Ruler Way in Austin. Pharmacists Mutual Insurance Group acquired the asset for an undisclosed sum.
NAI Partners’ Todd Mahler represented Pharmacists Mutual Insurance Group, a nationally recognized leader providing insurance and risk management solutions within the insurance industry. The seller was represented by Cushman & Wakefield.
“This was truly like finding a diamond in the rough in the Austin market, and my client feels honored that the seller allowed us to pursue the acquisition of the building,” said Mahler. “This acquisition signals to the commercial real estate market that deals are still getting done for those not content to sit on the sidelines.”