ECR has announced a new tenant for Park Central, a three story, 115,000 sq. ft. Class “A” office building in North Austin. Having recently secured PCE Paragon Solutions USA, Inc. as a new tenant, the building has built up traction as a fitting location for a wide variety of office users. With flexible availabilities ranging from 1,523 up to 8,169 RSF, Park Central offers attractive lease options in a desirable setting. The property features impressive amenities (including being within walking distance to 24 Hour Fitness, Einstein Bagels, The Juice Spot, and a walking trail), on-site property management and professional lobbies.
Park Central is located in North Central Austin in close proximity to I-35 and Parmer Lane. Park Central boasts high quality interior finishes, state-of-the-art energy management system, efficient suites and floor plans, plentiful parking and abundant nearby restaurants and retailers. These benefits coupled with unparalleled convenient access to employees throughout Greater Austin sets Park Central apart. Leasing responsibilities for Park Central will be handled by ECR and property management services will be provided by Vista Management Company. An investment group, formed by The Vista Companies, purchased Park Central in December, 2014.
About Vista Equities Group
Vista Equities Group is part of the Vista Companies, a Houston‐based real estate services group led by longtime developer, Woody Mann. Vista Equities focuses on the development of new properties and the acquisition of existing income‐producing properties. Vista Equities’ sister firm, Vista Management Company, provides leasing and property management services for third party owners and Vista’s own investment partnerships. The senior development and property management team represents more than eighty‐five years of experience in the Texas real estate market. For more information on the Vista Companies, please visit www.vistahouston.com
About Vista Private Equity Group
Founded in 2006, Vista Private Equity Group (www.vistagroupllp.com) is focused on the development of new properties and the acquisition of existing income-producing properties. In addition, it seeks to make investments in private companies within the smaller end of the middle market. Vista’s core investment focus is providing equity capital to support these types of businesses when they face a critical “transition” point – primarily ownership transitions or transformative growth initiatives.