Lavaca Plaza in Austin's central business trades hands
United States, Sept. 30 -- JLL Capital Markets announced that it arranged the sale of Lavaca Plaza, an 11-story, 122,042-square-foot, office building in Austin, Texas.JLL marketed the property on behalf of the seller. Riverside purchased Lavaca Plaza.Originally built in 1981, Lavaca Plaza features parking on floors one through seven (one of the highest parking ratios in Downtown Austin) and four stories of office space with a variety of suite sizes.Lavaca Plaza is located at 504 Lavaca St. in the heart of Downtown Austin at 5th and Lavaca, making it one of the most walkable office assets in the Austin market with a Walk Score(R) of 99. The immediate surrounding area is home to over two million square feet of retail, 6,700 hotel keys and 4,3...
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