Bell Partners makes second Texas acquisition of the month

Bell Partners has acquired Lenox Boardwalk, a 339-unit apartment community in Austin, Texas.

The property, purchased on behalf of the firm’s Bell Core Fund I investors, will be renamed Bell Lakeshore and represents Bell Partners’ fourth acquisition in Texas in 2021 and second acquisition in Texas in August 2021, as the firm continues its expansion in the central and western United States.

Located two miles from Austin’s central business district, Bell Lakeshore offers residents convenient access to leading employers in the area. The property is adjacent to Oracle’s 40-acre campus, which recently became the company’s new headquarters, hosting up to 10,000 employees. Continued job growth is expected in the area, with several planned office developments.

In addition to job proximity, Bell Lakeshore gives residents close access to popular recreation destinations. The property is within walking distance of the running and biking trail sys