General Motors is adding to its Austin footprint with the purchase of a 302,604-square-foot office building located just down the street from their Austin IT Innovation Center in North Austin. Los Angeles-based Karlin Real Estate announced that it sold the property at 13201 McCallen Pass for an undisclosed sum with representation from CBRE Group Inc., noting in a release that GM (which was represented by JLL in the deal) acquired the building to complement its existing center, which opened in 2012.
According to a KXAN report, the facility is located within Sector 6, the first phase of the 400-acre master planned technology and office park being developed by Los Angeles-based Karlin and Dallas-based Trammell Crow Company. Sector 6 was previously occupied by Dell Inc. A year ago, Karlin announced its partnership with Trammell Crow to develop the rest of the land as Parmer, a mixed-use, master-planned commercial and residential community that would be built over multiple years.
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