9737 Great Hills Trail
- ADDRESS:9737 Great Hills Trail
- MARKET:Austin, TX
- YEAR BUILT:1984
- RENTABLE AREA:85,000 Square Feet
- AVG. FLOOR PLATE:33,000 Square Feet
- PARKING:3.4/1,000 Square Feet Parking Ratio
9737 Great Hills Trail is an 85,000 square foot building in the Arboretum section of Austin, Texas. Moore purchased the asset in 2007 for $7.5 million after it had been vacant for four years due to a permitting problem that inhibited multi-tenanting.
Moore contracted to buy 9737 Great Hills Trail and, during its 30 day due diligence period, solved the permitting problem (Moore suggested the City utilize 9737 as a test case under the International Building Code).
Moore made numerous interior improvements to the long-vacant building and moved the glass-line out, thereby increasing rentable area by 20%.
With its spectacular glass domed roof and fully improved central atrium and fountain, 9737 Great Hills Trail quickly achieved 100% occupancy.
Velocis joined Moore as an equity partner in the project in 2013. The property was 100% leased and sold June, 2015.