Jay Weir, unaffiliated with any big brand brokerage, has steadily handled significant hotel transactions in Austin for many years and he has another under his belt: the sale of a 3-acre parcel on the I-35 northbound frontage road in South Austin.

Austin South Hotels LLC, a Dallas company, purchased the land on the north side of Teri Road for $3.25 million from Dr. Frank M. Covert III — a member of the notable Covert family of Austin, which has been involved in numerous business enterprises since 1909 including car sales.

Click to read more at Austin Business Journal.