Buchanan Capital Partners Expands Portfolio with Hutto Warehouse Acquisition
The property, situated in the rapidly developing Hutto submarket of Northeast Austin, benefits from its proximity to Samsung's new $17 billion chip factory, just eight minutes away in Taylor. The highly successful Innovation Business Park, totaling 1.5M SF, has been leased by Omar Nasser and AQUILA Commercial, who will continue to lease and manage this asset for BCP. See updated marketing flyer: Innovation 8 Flyer
BCP is offering preferred terms for the first lease signed. BCP's business plan involves actively marketing to tenants as small as 33k and up to 196k square feet. Interested brokers and tenants are encouraged to contact Omar Nasser at nasser@aquilacommercial.com.
BCP's value-driven approach is evident in this acquisition, secured well below the average market price of comparable recent transactions. The immediate focus includes targeted capital improvements to make the space move-in-ready and maximize market rent potential. BCP has retained ARCO/Murray as its general contractor for additional improvements, with several projects already underway.
'While interest rates were low, large blocks of speculative properties were built with bay depths too deep to service a full range of tenant sizes. With 210′ building depth, this asset is capable of leasing not only to a larger tenant, but also to 30k+ SF tenants. We believe this is where the majority of Austin's leasing demand exists – local vendors, suppliers, and manufacturers,' said Keith Buchanan, Founder of BCP. BCP is optimistic about the property's leasing potential, supported by a strong list of tenant prospects already engaged by AQUILA.
Ford Albert, Director at BCP, added, 'This acquisition underscores BCP's ability to identify opportunistic opportunities in high-demand areas. Macro tariff and industrial supply concerns have created buying opportunities that would not otherwise exist.'
This acquisition reinforces BCP's reputation as a leader in strategic, growth-oriented real estate investments that prioritize value creation and investor trust.
About Buchanan Capital PartnersBuchanan Capital Partners, based in Austin, Texas, is a performance-based commercial real estate investment firm focused on delivering consistent, superior risk-adjusted returns. BCP charges no fees, and its investors are paid in full before the firm receives compensation. BCP pursues strategies including direct acquisitions across product types and providing joint venture equity for opportunistic investments. BCP's Principal has a proven 28-year track record of successful investing across all commercial real estate product types, primarily in major Texas metros.
For more information about Buchanan Capital Partners, please visit www.buchanancp.com.
Contact:
Gentry Bowengbowen@buchanancp.com512-673-7375
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