CapRidge Partners Acquires 180,000-SF Office Park in Austin

CapRidge Partners acquired Lakewood on the Park, a 180,558-square-foot suburban office campus in Austin’s Northwest submarket from Equity Commonwealth.

Located at 7600 Capital of Texas Highway (Loop 360), the property includes a pair of three-story Class A office buildings on a 9.88-acre site overlooking Bull Creek and is one of the few office complexes in the market with both structured and surface parking.

Built in 1998 by local developer HPI, the complex received the 2012-2013 TOBY Award from Building Owners and Managers Association for best low-rise suburban office park in Austin.