Institutional Property Advisors (IPA), a division of Marcus & Millichap, has announced the sale of Palo Alto, a newly built 300-unit multifamily property in in Pflugerville, Texas. The property is 15 miles from Downtown Austin and close to top area employers like Apple, Dell, IBM, and Vrbo. Shopping is also close by at Pflugerville Plaza and Windermere Center. The Art Institute of Austin and Austin Community College are within a short drive. Completed in 2021 on 14 acres near Interstate 35, the controlled-access community has carports, free Wi-Fi, a business center and a swimming pool and spa.