{"id":1004124687,"date":"2015-08-05T14:16:23","date_gmt":"2015-08-05T22:16:23","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=357065"},"modified":"2022-12-08T18:19:45","modified_gmt":"2022-12-09T02:19:45","slug":"wedge-group-gives-2-thumbs-up","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/","title":{"rendered":"Wedge Group Gives 2 Thumbs Up"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<div id=\"attachment_357067\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Arboretum-Atrium.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-357067\" title=\"Arboretum Atrium\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Arboretum-Atrium.jpg\" alt=\"Arboretum Atrium\" width=\"300\" height=\"165\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Arboretum Atrium<\/p>\n<\/div>\n<p style=\"text-align: justify\">Houston-based private equity firm <a href=\"https:\/\/www.wedgegroup.com\/index.html\">Wedge Group<\/a> has added a pair of Class A Austin office buildings to its portfolio. The seller, <a href=\"https:\/\/www.velocis.com\/\">Velocis<\/a>, a private equity real estate manager, sold the assets for an undisclosed amount.<\/p>\n<p style=\"text-align: justify\">\u00a0The properties, Arboretum Atrium and Las Cimas I, total more than\u00a0170,000 square feet. Velocis <a href=\"https:\/\/www.commercialsearch.com\/news\/cities\/austin\/velocis-forms-partnership-with-moors-associates-through-the-acquisition-of-two-office-buildings\">purchased<\/a> them in 2013 from its partner, <a href=\"https:\/\/www.mooreandassociates.co\/\">Moore &amp; Associates<\/a>, which\u00a0managed and leased the properties.<\/p>\n<div id=\"attachment_357069\" class=\"wp-caption alignleft\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Las-Cimas.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-357069\" title=\"Las Cimas I\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Las-Cimas.jpg\" alt=\"Las Cimas I\" width=\"300\" height=\"199\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Las Cimas I<\/p>\n<\/div>\n<p style=\"text-align: justify\">Arboretum Atrium is a 91,083-square-foot office building with a three-story atrium located at 9737 Great Hills Trails\u00a0in Northwest Austin. Restaurants, retail venues, and hotels are nearby, and the building is one block from Highway 183, MoPac, and Loop 360. The area is a hub for leading technology companies that include Apple, Cisco, HP, Microsoft, and Google.<\/p>\n<p style=\"text-align: justify\">Las Cimas I is located at 804 Las Cimas Blvd. in Southwest Austin, at the corner of Bee Caves and Loop 360. It comprises 82,787 square feet of space in its three stories. Both properties were fully leased at the time of the sale.<\/p>\n<p style=\"text-align: justify\">Hale Umstattd and Leah Gallagher of <a href=\"https:\/\/www.transwestern.net\/Pages\/default.aspx\">Transwestern<\/a> represented the seller in the transaction.<\/p>\n<p style=\"text-align: justify\"><em>Images courtesy of Moore &amp; Associates<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Houston-based private equity firm Wedge Group found two class A Austin office buildings to add to its portfolio.<\/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-1004124687","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>Wedge Group Gives 2 Thumbs Up - 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\/wedge-group-gives-2-thumbs-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wedge Group Gives 2 Thumbs Up\" \/>\n<meta property=\"og:description\" content=\"Houston-based private equity firm Wedge Group found two class A Austin office buildings to add to its portfolio.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/\" \/>\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=\"2015-08-05T22:16:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:19:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Arboretum-Atrium.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\\\/wedge-group-gives-2-thumbs-up\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"Wedge Group Gives 2 Thumbs Up\",\"datePublished\":\"2015-08-05T22:16:23+00:00\",\"dateModified\":\"2022-12-09T02:19:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/\"},\"wordCount\":193,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Arboretum-Atrium.jpg\",\"articleSection\":[\"Austin\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/\",\"name\":\"Wedge Group Gives 2 Thumbs Up - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Arboretum-Atrium.jpg\",\"datePublished\":\"2015-08-05T22:16:23+00:00\",\"dateModified\":\"2022-12-09T02:19:45+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Arboretum-Atrium.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Arboretum-Atrium.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wedge-group-gives-2-thumbs-up\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wedge Group Gives 2 Thumbs Up\"}]},{\"@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":"Wedge Group Gives 2 Thumbs Up - 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\/wedge-group-gives-2-thumbs-up\/","og_locale":"en_US","og_type":"article","og_title":"Wedge Group Gives 2 Thumbs Up","og_description":"Houston-based private equity firm Wedge Group found two class A Austin office buildings to add to its portfolio.","og_url":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-08-05T22:16:23+00:00","article_modified_time":"2022-12-09T02:19:45+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Arboretum-Atrium.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\/wedge-group-gives-2-thumbs-up\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/"},"author":{"name":"Anca Gagiuc","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7"},"headline":"Wedge Group Gives 2 Thumbs Up","datePublished":"2015-08-05T22:16:23+00:00","dateModified":"2022-12-09T02:19:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/"},"wordCount":193,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Arboretum-Atrium.jpg","articleSection":["Austin","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/","url":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/","name":"Wedge Group Gives 2 Thumbs Up - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Arboretum-Atrium.jpg","datePublished":"2015-08-05T22:16:23+00:00","dateModified":"2022-12-09T02:19:45+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Arboretum-Atrium.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Arboretum-Atrium.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/wedge-group-gives-2-thumbs-up\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Wedge Group Gives 2 Thumbs Up"}]},{"@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\/1004124687","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=1004124687"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004124687\/revisions"}],"predecessor-version":[{"id":1004619626,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004124687\/revisions\/1004619626"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004124687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004124687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004124687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}