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GBT Realty acquires prime retail site near Austin
Austin, Texas -- GBT Realty Corp. announced its acquisition of a prime retail site in the heart of one of the fastest-growing cities in Texas and the U.S. Located in Cedar Park, Texas – a community that has grown over 400% since 2004 – Lakeline Commons is a 1.43-acre site that is shadow-anchored by Target and adjacent to The Home Depot.
GBT acquired the north Austin outparcel for $1.6 million on March 19 from Regions Bank. No additional terms are available.
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Lockridge named president of Atlas Technology Group
Atlas Technology Group, one of the fastest growing retail technology solution providers in the consumer goods industry, has named a new president.
Pat Lockridge, who has been SVP of sales at Atlas since 2013, has been promoted to president. Nicholas Dozier will remain CEO of ATLAS Technology Group, which is based in Bentonville, Ark.