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Lee & Associates Closes a Lease Transaction of 22,500 SF Deal

February 13, 2025

Lee & Associates Closes a Lease Transaction of 22,500 SF Deal

Lease Transaction of Deal 22,500 SF Closed

Lee & Associates, a leading national commercial real estate firm, has successfully facilitated a 22,500-square-foot industrial lease transaction at Springdale Business Center – Building 1, located at 8291 Springdale Rd, Austin, Texas 78724.

Representing the landlord, EastGroup Properties, Inc., in the transaction were Adam Green and Luke Boykin of Lee & Associates – Austin. EastGroup Properties is a publicly traded real estate investment trust (REIT) specializing in the development, acquisition, and operation of industrial properties across key Sunbelt markets. The firm’s portfolio focuses on multi-tenant business distribution facilities designed to support a diverse range of industrial users.

For more information on this transaction or to explore available opportunities, please contact Lee & Associates – Austin.

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About Lee & Associates
Lee & Associates is a full-service commercial real estate firm specializing in local market expertise for building owners and tenants. Our experienced team of brokers, market experts, and industry leaders, backed by a nationwide network of 63+ local offices throughout the United States and Canada, delivers local insight, personal service, and proven performance to the people and businesses we serve.