​​GEORGETOWN – Molto Properties has started construction on Blue Springs
Business Park, a 604,064-sf industrial park at 610 Blue Springs Blvd.

The project will have three buildings ranging from 124,914 to 310,366 sf.
Buildings will have 32- to 36-ft clear heights, 180- to 210-ft truck court
depths, ESFR sprinkler systems, and parking for 580 cars and 90 trailers.

Transwestern will lease the develop​ment. Burton Construction is the general
contractor.

Completion is slated for second quarter 2023.​

​​​​AUSTIN –​ Epicor Software has signed a 45,496-sf headquarters lease in the
Las Cimas neighborhood.

CBRE represented the tenant. Cushman and Wakefield represented the landlord,
Rockpoint.

​​AUSTIN – Beacon Capital Partners has purchased The Foundry from Tishman
Speyer.

The two-building, 240,000-sf office complex was 96 percent leased at the time
of sale.

Cushman & Wakefield represented Tishman Speyer, which purchased the two
buildings in [January 2021 ](https://www.recenter.tamu.edu/news/newstalk-
texas/?Item=25551)and [July 2021](https://www.recenter.tamu.edu/news/newstalk-
texas/?Item=26255) from Cielo Property Group. ​​

​AUSTIN – Generational Commercial Properties and DivcoWest are developing a
seven-story office tower at 218 S. Lamar St.

Called Zilker Point, the proj​ect will have 192,000 sf of office space, 15,000
sf of retail space, and 635 parking spaces.

Amenities will include a fitness center, community art gallery, and rooftop
terrace.

Runa Workshop is the architect. MSD Capital provided a $124 million
construction loan.

Construction wraps in 2024.​

​​​SAN MARCOS – SafeHand Holdings LLC has picked up a 681-acre development
site along SH 142 called Turner Crest.

The site will house residential and commer​cial space.

​Walton Global was the seller. TRE Commercial represented SafeHand.​​​​​​​​

​​​​AUSTIN – Disrupt Equity has acquired Array Apartments, a 369-unit
multifamily complex at 2101 Burton Dr.

Built in 1973, the community​ has one-, two-, and three-bedroom options.

Amenities include two pools, two dog parks, a sports court, clubhouse, outdoor
grilling, and onsite laundry facilities.

Disrupt will manage the property and implement a value-add program.

[](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:

* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news​](https://txrec.io/2PoQABe)

​Source: [REBusiness Online​](https://rebusinessonline.com/disrupt-equity-
buys-369-unit-multifamily-property-in-austins-riverside-district/)

MANOR – RangeWater Real Estate has broken ground on The Darby, a 25-acre
multifamily community near the S​hadow Glen Golf Club and Austin Executive
Airport.

The property will have 24 townhomes, 326 apartment units, a fitness center,
private garages and outdoor areas, and common-area amenities.

The first round of apartments will be delivered in fourth quarter 2023.​

[](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:

* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news​](https://txrec.io/2PoQABe)

​Source: [Multi-Housing News​](https://www.multihousingnews.com/rangewater-
breaks-ground-in-austin/)​

​​AUSTIN – The Connor Group has sold Barton Creek Villas to a fund backed by
Goldman Sachs Asset Management.

Built in 1998 at 2716 Barton Creek Blvd., the 250-unit community has one-,
two-, and three-bedroom floor plans averaging 1,049 sf.

Amenities include a pool, fitness center, club​house with a coffee bar,
outdoor grilling stations, dog park, and walking trails. It was 99 percent
occupied at the time of sale.

Newmark brokered the deal.​​

[](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:

* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news​](https://txrec.io/2PoQABe)

​Source: [REBusiness Online](https://rebusinessonline.com/newmark-arranges-
sale-of-250-unit-multifamily-property-in-west-austin/)