Stonebridge Plaza I & II is comprised of two nine-story towers and a total of 386,101 rentable square feet. The property offers a variety of amenities including a seven-story parking garage, freight elevators, loading docks and a fitness center complete with locker rooms and showers. The property, which provides unobstructed views of downtown Austin, is also within minutes to The Domain and The Arboretum at Great Hills, where tenants of Stonebridge can enjoy retail, hospitality and entertainment options.
Located at 9600 and 9606 North MoPac Expressway in Austin, Stonebridge Plaza I & II is situated at the intersections of Highway 183, Highway 360 and the MoPac Expressway providing connections to Austin’s northwest suburbs, the city’s central business district and nearby executive housing. The surrounding area also offers access to walking trails, tennis and basketball courts and a pool at Balcones District Park and Walnut Creek Greenbelt.
“Stonebridge Plaza is an ideal location for tenants seeking a live-work-play environment,” said Gio Cordoves, senior vice president at KBS and asset manager for the property. “Its many amenities and surrounding attractions continue to bring in reputable companies like GTT Communications, and we look forward to a long tenant relationship with them.”
Robbye Schroeder Kirkpatrick of Newmark Knight Frank represented GTT Communications in the transaction.
KBS Realty Advisors is a private equity real estate company and SEC-registered investment advisor founded in 1992. KBS Realty Advisors and its affiliated companies have completed transactional activity of over $37 billion via 16 separate accounts, six commingled funds, five sovereign wealth funds and eight REITs. For information, visit www.kbs.com.