{"id":1004108538,"date":"2014-12-01T10:59:30","date_gmt":"2014-12-01T18:59:30","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=309949"},"modified":"2022-12-02T18:57:27","modified_gmt":"2022-12-03T02:57:27","slug":"rockspring-capital-acquired-land-parcel-in-leander-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-2\/","title":{"rendered":"Rockspring Capital Acquired Land Parcel in Leander"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Rockspring-Capital_logo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-309950\" title=\"Rockspring Capital_logo\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Rockspring-Capital_logo.jpg\" alt=\"\" width=\"300\" height=\"66\" \/><\/a>Located northwest of Austin, Leander is seeing an increased development activity thanks to the flourishing business segment in Austin. This activity attracted Houston-based Rockspring Capital, a privately-owned real estate investment firm, to acquire a 28.44-acre land parcel. The price of the transaction has not been disclosed.<\/p>\n<p style=\"text-align: justify\">The site is situated off of Old FM 2243, west of US 183, nestled between several single-family properties and commercial developments, within the Leander Independent School District. The lot could become a multi-family development with retail fronting.<\/p>\n<p style=\"text-align: justify\">\u201cAccording to U.S. Census data, Leander has more than tripled in size in the last 15 years. This is a result of Austin\u2019s booming economy,\u201d said Jim McAlister IV, President and CEO of Rockspring Capital. \u201cThis exponential population growth is driving up the demand for family homes and apartments, making this property an attractive investment.\u201d<\/p>\n<p style=\"text-align: justify\">Next to the recently acquired parcel is a 350-acre plot designed to soon hold 1000 single family homes. Moreover, the Old FM 2243 will expand from two to four lanes in 2015, a fact that will make the corridor one of the most traveled ones in the area.<\/p>\n<p style=\"text-align: justify\">\u201cThe new homes being developed, along with all the local commercial businesses, complement our property very well as it adds more variety for current and the influx of new residents. We\u2019re looking forward to the returns this investment will bring our partners\u201d, concluded McAlister.<\/p>\n<p style=\"text-align: justify\">\n","protected":false},"excerpt":{"rendered":"<p>Located northwest of Austin, Leander is seeing an increased development activity thanks to the flourishing business segment in Austin. This attracted Houston-based Rockspring Capital, a privately-owned real estate investment firm, to acquire a 28.44-acre land parcel. The price of the transaction has not been disclosed.<\/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-1004108538","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 v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rockspring Capital Acquired Land Parcel in Leander - 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\/rockspring-capital-acquired-land-parcel-in-leander-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rockspring Capital Acquired Land Parcel in Leander\" \/>\n<meta property=\"og:description\" content=\"Located northwest of Austin, Leander is seeing an increased development activity thanks to the flourishing business segment in Austin. 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The price of the transaction has not been disclosed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-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=\"2014-12-01T18:59:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-03T02:57:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Rockspring-Capital_logo.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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-2\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-2\/\",\"name\":\"Rockspring Capital Acquired Land Parcel in Leander - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Rockspring-Capital_logo.jpg\",\"datePublished\":\"2014-12-01T18:59:30+00:00\",\"dateModified\":\"2022-12-03T02:57:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-2\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Rockspring-Capital_logo.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Rockspring-Capital_logo.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockspring-capital-acquired-land-parcel-in-leander-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rockspring Capital Acquired Land Parcel in Leander\"}]},{\"@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:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"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. 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