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Transactions - MARCH 4, 2021

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Intracorp acquires South Austin land assemblage from Rastegar

by Released

Intracorp has plans for its next Austin project called One Oak, a 106 unit mixed-use community located at 2209 South 1st Street in the desirable Bouldin Creek neighborhood in the heart of South Austin, 78704. Intracorp acquired the Bouldin Creek land assemblage by an agreement with Austin-headquartered Rastegar Property Co., a technology-enabled private real estate investment firm focused on value-add and development in all asset classes throughout Austin and the Sun Belt region of the United States.

The new community located on South 1st Street and Live Oak will be four stories and will include one – three bedroom homes, with the larger homes featuring expansive outdoor terraces. All residents will benefit from access to extensive amenities, including a fitness center, meeting rooms, Creekside lounge and entertaining kitchen, and outdoor courtyard, featuring a pool deck with lounge and BBQ a

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