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Sign in Sign up for a FREE subscriptionWestwood Financial acquires premier Austin retail hub
Westwood Financial has acquired Trails at 620, a class A retail center in the rapidly growing and supply-constrained FM 620 corridor of Northwest Austin.
JLL worked on behalf of the seller, Partners Capital.
Currently 80 percent leased, the property enjoys a curated mix of internet-proof national and regional tenants, primarily consisting of restaurant, medical and service-oriented businesses. In addition, the property is part of a master-planned development that includes A+ Federal Credit Union, Cinepolis Luxury Cinemas, The Y and Holiday Inn Express.
Situated at 8300 North FM 620 in Northwest Austin, the 69,037-square-foot property is bordered by master-planned communities, affluent demographics and nationally recognized school districts. FM 620 is the only road within five miles that crosses Lake Austin/Colorado River, creating a dominant and dynamic retail and residential corridor.
