|May 26, 2022|
Cedar Park, TX — May 26, 2022— A 20,000-square-foot building at Scottsdale Crossing Technology Center traded in the first week of May, 2022. Tom Pardee of TIG’s Central Texas division and Chris Jacob of All City Real Estate co-represented the seller, Valor Capital. Matt Spellman of TIG’s Dallas, Texas, division represented the buyer.
The sale represents continued activity in the growing mixed-use hub that is located at 183A and Scottsdale Road. Construction on two tilt wall buildings totaling 45,000 square feet will begin in the second quarter of 2022 and will represent the last phase of development at Scottsdale Crossing, a multi-use business park on 120 acres in Cedar Park, Texas.
A national producer and distributor of synthetic grass products purchased Building IV to expand its Texas operations. Turfhub plans to be operational in the flex building in June, 2022, and to employ over 20 people in their new facility which will include office and warehouse uses. Turfpro is based in Chandler, Arizona, and clients include ESPN, Dodgers, Taco Bell, Minecraft, FOX, Nike, and the San Diego Padres.
About TIG Real Estate Services
Founded in 1994, TIG Real Estate Services is a full service real estate firm headquartered in Dallas, Texas, with representatives in Houston, Austin, San Antonio, and Frisco. The company offers a comprehensive array of real estate services including asset management, property management, leasing, brokerage and development. The firm’s clients include both institutional and entrepreneurial owners and investors. For more information, visit www.tigusa.com.