AUSTIN, TX, March 15, 2022 /PRNewswire/ — Long View Equity (the “Company”) in partnership with Endeavor Real Estate Group announced the acquisition of an 8.7-acre commercial parcel which faces Highway 290 W and Ledge Stone Drive at Austin, Texas. The property is in the ETJ of dripping springs in the main planned community of Ledgestone and is opposite the village of Belterra. The commercial development, called Ledge Stone East, will be a mixed-use retail and office development. It is anticipated that there will be approximately 25,000 square feet of retail space and 25,000 square feet of office space upon completion of the project. Development aims to innovate May 2022 with a Q3 2023 delivery. To date there has been strong interest in new retail in the project and is currently 25% pre-let.
Long View Equity actively seeks acquisition opportunities in the office, industrial and retail asset classes in major Texas markets. Daniel CampbellManaging Director of Long View Equity, said: “We are delighted to be able to continue to grow our portfolio in Central Texas through this development. We have seen firsthand the growth of dripping springs and are happy to be part of it. We hope to make this project something the community can be very proud of. »
Long View Equity, LLC, founded in 2010, is a Austin, TX based investment management company that oversees the investment decisions and operations of real estate investment trusts and other syndicated investment vehicles. Long View Equity’s primary objective is to create long-term value for its 100+ investors by making thoughtful investment decisions, exercising diligent management and continually seeking opportunities to create value. . The company pursues strategies involving the direct acquisition of core-plus and value-added investments and has a proven track record for more than 10 years in the operation of more than 50 office, commercial or industrial properties located mainly in the markets Texas metropolitans.
For more information on Long View Equity, please visit: www.longviewequity.com
SOURCE Long-term actions