Alexan Springdale, a 251-unit apartment community located on Springdale Road in Austin, has been sold. The property boasts studio, one-, and two-bedroom units that each have an average of 824 square feet. In addition, the complex features a range of amenities such as a pool, fitness center, game room, clubhouse, and outdoor grilling and dining areas. At the time of sale, the property was 94 percent occupied. Newmark represented the seller, Trammell Crow Residential, in the transaction, and Sterling Equities acquired the asset.
Creating a Safer Barton Springs Road: Engaging Community Input & Promoting Security
The Austin Department of Transportation and Public Works is actively seeking public input on a cutting-edge pilot program designed to boost safety along Barton Springs Road. This innovative proposal suggests reducing the road to a single lane in each direction,...