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Project Profiles

9737 Great Hills Trail

Austin, TX

PROPERTY SUMMARY

  • ADDRESS:9737 Great Hills Trail
  • MARKET:Austin, TX
  • YEAR BUILT:1984
  • RENTABLE AREA:85,000 Square Feet
  • STORIES:3
  • 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.

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PROPERTY SUMMARY

  • ADDRESS:9737 Great Hills Trail
  • MARKET:Austin, TX
  • YEAR BUILT:1984
  • RENTABLE AREA:85,000 Square Feet
  • STORIES:3
  • AVG.
    FLOOR PLATE:33,000 Square Feet
  • PARKING:3.4/1,000 Square Feet Parking Ratio