Downtown Austin’s most recently completed apartment building is for sale according to commercial real estate company CBRE’s website.
The timing is interesting because the Whitley just welcomed its first tenants only a few months ago. And, we were very excited when Royal Blue Grocery was announced as an anchor bodega-grocery store.
Construction of the Whitley was first announced back in September 2011, and would replace the former Whitley Paper warehouse that occupied a half-block at the northeast corner of 3rd & Brazos Street (just south of the Railyard condos).
Since the building’s completion, they have already achieved 66% occupancy, according to the info on CBRE’s website. That’s nearly 176 apartments rented in just a few months!!!
Details:
-266 units (66% leased)
-16 stories
-12,000 ft of ground level retail space (100% leased)
-333 structured parking spaces
-Price is to be determined by market
