St. John Properties, Inc. has acquired a 50-acre parcel in Leander, Texas, about 20 miles north of Austin, with intentions to develop an eight-building, 270,000-square-foot mixed-use business community including flex/R&D, retail space and three pad sites.
Ground-breaking for the first phase of development at Leander Tech Park will include two buildings offering a combined nearly 90,000 square feet of flex/R&D space is expected to occur late this year with delivery expected in the third quarter of 2025.
Colin Tierney and Taylor Golden of Gold Tier Real Estate represented the seller, Zekelman Industries, in this sale transaction with undisclosed terms. At full build out, Leander Tech Park will have the capacity to support approximately 850 jobs.
