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Meridian Gateway Office Park

Austin, TX

Asset Type Office
Location Austin, TX
Year Acquired 2021
Square Footage 485,000 SF
Occupancy Rate 91%
Current Value $142M
Property Overview

Meridian Gateway Office Park is a premier Class A office campus situated in the heart of Austin’s thriving tech corridor. Comprising three interconnected buildings totaling 485,000 square feet, the park offers modern amenities including collaborative workspaces, a full-service conference center, and on-site food and beverage options. The property’s campus-style design and sustainable building practices have attracted a roster of high-credit technology and professional services tenants, maintaining strong occupancy through multiple market cycles.

Financial Highlights
$98M Acquisition Value
$142M Current Valuation
$7.8M NOI
5.5% Cap Rate
14.2% IRR
1.8x Equity Multiple