{"id":1004107170,"date":"2014-11-07T09:50:32","date_gmt":"2014-11-07T17:50:32","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=304708"},"modified":"2022-12-05T02:32:22","modified_gmt":"2022-12-05T10:32:22","slug":"ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/","title":{"rendered":"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">Already the owner of 5.1 million square feet of commercial space in the state of Texas, PS Business Parks, Inc. announced the acquisition of another multi-tenant industrial building in Austin. The transaction adds another 246,000 square feet to the 2.0 million square feet the company already owns in the city.<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/McNeil-Business-Park-Austin.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-304709\" title=\"McNeil Business Park Austin\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/McNeil-Business-Park-Austin.jpg\" alt=\"\" width=\"300\" height=\"157\" \/><\/a>The property, 53.3 percent occupied at the time of the sale, is contiguous to the company\u2019s existing 279,000 square foot McNeil Business Park located at 12317 Technology Blvd. in northwest Austin. Around 140,000 square feet is available for lease. The price of the acquisition was $10.6 million and the seller was Investors Warranty of America. The seller has been represented by the CBRE Group Inc. brokerage team comprised of Mark Emerick, John Barksdale, and Darryl Dadon; they will also retain the leasing assignment with PS Business Parks.<\/p>\n<p style=\"text-align: justify\">McNeil Business Park consists of multiple buildings of light industrial and office space in close proximity to the heart of Austin\u2019s most desirable high tech sector. Easy access to the Mopac Expressway, SH \u2013 183, IH \u2013 35, and SH \u2013 45, as well as to residential housing, make McNeil Business Park an ideal location.<\/p>\n<p style=\"text-align: justify\"><em>Photo courtesy of <a href=\"https:\/\/www.cbre.us\/o\/austin\">CBRE Group Inc<\/a>.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Already the owner of 5.1 million square feet of commercial space in the state of Texas, PS Business Parks, Inc. announced the acquisition of another multi-tenant industrial building in Austin. The transaction adds another 246,000 square feet to the 2.0 million square feet the company already owns in the city.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21742],"tags":[],"class_list":["post-1004107170","post","type-post","status-publish","format-standard","hentry","category-austin","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin\" \/>\n<meta property=\"og:description\" content=\"Already the owner of 5.1 million square feet of commercial space in the state of Texas, PS Business Parks, Inc. announced the acquisition of another multi-tenant industrial building in Austin. The transaction adds another 246,000 square feet to the 2.0 million square feet the company already owns in the city.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-07T17:50:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T10:32:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/McNeil-Business-Park-Austin.jpg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin\",\"datePublished\":\"2014-11-07T17:50:32+00:00\",\"dateModified\":\"2022-12-05T10:32:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/\"},\"wordCount\":204,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/11\\\/McNeil-Business-Park-Austin.jpg\",\"articleSection\":[\"Austin\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/\",\"name\":\"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/11\\\/McNeil-Business-Park-Austin.jpg\",\"datePublished\":\"2014-11-07T17:50:32+00:00\",\"dateModified\":\"2022-12-05T10:32:22+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/11\\\/McNeil-Business-Park-Austin.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/11\\\/McNeil-Business-Park-Austin.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\",\"name\":\"Anca Gagiuc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"caption\":\"Anca Gagiuc\"},\"description\":\"Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/anca-gagiuc\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/","og_locale":"en_US","og_type":"article","og_title":"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin","og_description":"Already the owner of 5.1 million square feet of commercial space in the state of Texas, PS Business Parks, Inc. announced the acquisition of another multi-tenant industrial building in Austin. The transaction adds another 246,000 square feet to the 2.0 million square feet the company already owns in the city.","og_url":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2014-11-07T17:50:32+00:00","article_modified_time":"2022-12-05T10:32:22+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/McNeil-Business-Park-Austin.jpg","type":"","width":"","height":""}],"author":"Anca Gagiuc","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/"},"author":{"name":"Anca Gagiuc","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7"},"headline":"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin","datePublished":"2014-11-07T17:50:32+00:00","dateModified":"2022-12-05T10:32:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/"},"wordCount":204,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/McNeil-Business-Park-Austin.jpg","articleSection":["Austin","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/","url":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/","name":"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/McNeil-Business-Park-Austin.jpg","datePublished":"2014-11-07T17:50:32+00:00","dateModified":"2022-12-05T10:32:22+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/McNeil-Business-Park-Austin.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/McNeil-Business-Park-Austin.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/ps-business-parks-inc-acquires-the-246000-square-foot-mcneil-business-park-in-austin-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"PS Business Parks, Inc. Acquires the 246,000-Square Foot McNeil Business Park in Austin"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7","name":"Anca Gagiuc","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g","caption":"Anca Gagiuc"},"description":"Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/anca-gagiuc\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004107170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/237"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004107170"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004107170\/revisions"}],"predecessor-version":[{"id":1004617662,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004107170\/revisions\/1004617662"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004107170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004107170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004107170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}