Obsido Commercial Announces Sale of 7,500 SF Single-Tenant Industrial Investment Property.
Obsido Commercial’s Investment Sales Team represented the Seller in the disposition of a 7,500 square foot industrial property in Kyle, Texas right outside of Austin, Texas. Joshua Swank and Mitchell Lyons had the exclusive listing to market the property on behalf of the Seller, a private investor.
“This buyer was looking for a larger facility for their business and preferred to stay along IH-35 south of Austin. By adding this location, they will be able to expand their operations and create jobs at the Weldon Johnson Way location. Post-closing, they intend to start renovations to the building.” said Joshua Swank, Managing Partner of Obsido Commercial.
# # #
About Obsido Commercial
Obsido Commercial is building a modern commercial real estate platform focused on collaboration with our clients, pairing top talent with technology to make the sell, hold, and buy experience intelligent and seamless. We specialize in advisory services, transaction management, property sales, and 1031 Exchanges for investment properties including single-tenant and multi-tenant retail, industrial, office, and urban properties in Central Texas.
Founded in 2020, the firm has experience in closing commercial real estate transactions with a value of approximately $1 billion. Utilizing resources and technology on the forefront of our industry, we are committed to be viewed as Central Texas specialists you can trust. For our clients, this innovative & entrepreneurial thinking leads to bridging their objectives of today with their goals of the future. To learn more, please visit: www.ObsidoCommercial.com.