Tuesday, November 8, 2011

Cedar Bend Professional Center in Austin Breaks Ground

Cedar Bend Professional CenterLive Oak-Gottesman broke ground recently on a new 70,000 square foot medical office building in Austin according to an Austin Business Journal article. Live Oak-Gottesman is developing the property along with Rooker & Associates, which will also serve as the general contractor on the project, which is expected to be completed by the third quarter of next year.

Adjacent to St. David's North Austin Medical Center in the heart of North Austin's medical center corridor, Cedar Bend Professional Center offers access to the hospital, high parking ratios with covered physician parking. Cedar Bend is located less than two miles from the Domain offering a high volume of restaurants and retailer options. The property is 90% pre-leased to tenants including the General Services Administration, Capital Otolaryngology, Head & Neck Surgeons, Nasal & Sinus Center of Austin, Renu Austin and Snoring Austin.

For more news and information visit Blumberg Capital Partners.

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