Acquisition of North Park Shopping Center - Austin, TX

May 10, 2018

Tarantino Properties announces acquisition of North Park Shopping Center – Austin, TX

Tarantino Properties, Inc. is pleased to announce on May 10, 2018, it acquired the North Park Shopping Center located at 9616 N. Lamar Blvd in Austin, Texas. The neighborhood retail center has a gross leasable area of 110,049 SF on approximately 10 acres. North Park is in a prime, urban infill location in the growing North Lamar corridor of Austin. The property is currently 93% occupied with a diverse blend of local and national tenants such as Aarons Rents and Dollar General. Tarantino Properties will manage the property from its Austin office. The selling broker was Jim Batjer, a Senior Managing Director at HFF, LP.