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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.