Commercial Real Estate Development

CURRENT PROJECT INVENTORY

DEVELOPMENTS

Medical Towers at Bee Cave II

3944 Ranch Rd. 620 S, Austin, TX, 78738

Property Description:

  • 3.5 Acre Tract- Complete with a 42,000 sq. ft. medical office building with surface and garage parking equal to 5/1000 spaces.
  • Unique High Quality Asset- All new Class A, 90% pre-leased medical property.
  • Strategic Location- Located in a high growth, high median income, desirable suburban market west of
  • Austin in Bee Cave. Property is situated to provide access to the local master planned community of Spanish Oaks as well as the city of Bee Cave.
  • Tenant & Landlord Capital Investments- Tenants have invested significant money for ownership, making it cost prohibitive for the tenants to leave, thus minimizing the risk of lease renewals.
  • Predictable Cash Flow with Long Term Tenancy- All leases are long-term 10 years or more, NNN with complete pass thru on expenses, and annual 3% rent increases.
  • Year Developed: 2018

Tenants:

  • Surgery Center
  • HCA Gastroenterology
  • Ophthalmology
  • Family Practice Urgent Care
  • Multi-specialty physician groups
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The Crossover

1717 Scottsdale Dr. at Volta Dr., Cedar Park, TX 78641

The Crossover is a 240,000 sq. ft.  multi-tenant indoor sports complex, offering ice hockey, soccer fields, augmented-virtual reality training, fitness, dining, sports medicine and athletic retail in Cedar Park, the fastest growing city just north of Austin, Texas.

Property Description: 

The 15.96 acre site is part of Scottsdale Crossing, a master-planned, 120-acre, deed-restricted development offering over 640,000 square feet of office and flex buildings, retail and restaurant space, and ±84 single-family lots. It is located near the 6,000 person capacity H-E-B Center, with over one-half mile of frontage on US 183A in the most dense and commercially developed part of the city. The parcel can be directly accessed from US Toll way 183A via the Scottsdale Road exit.

Tenants:

  • Two full-size regulation NHL ice rinks for ice hockey and ice skating
  • Two full-size (indoor/outdoor) turf fields for football, soccer and lacrosse
  • Gaming and laser tag
  • Augmented and virtual reality sports training and driving simulators
  • Excellent dining, event rooms and retail sports stores
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Medical Towers at Onion Creek

Onion Creek, Austin, TX 78747

Property Description:

The property is a 3.09-acre tract of land located across I-35 from the Onion Creek neighborhood, to be developed into a 36,000 square foot multi-tenant specialty medical office building. The location is in one of the fastest growing communities in South Austin, with very strong demographics and a need for premier medical space. This development will provide the link between Buda, Kyle and San Marcos via the new 45 toll road and FM 1626. Site location offers easy ingress and digress off I-35, the busiest highway in Texas.

  • ​36,000 sq. ft. Medical Office Building
  • Open date: Early Fall of 2020

Tenants:

  • Lewis Family Practice
  • Urgent Care
  • Solutions Pharmacy
  • Birthing Center
  • Gastroenterology
  • Beautiful Beginnings

 

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Medical Plaza at Westinghouse

Georgetown, TX 78626

Located in one of the fastest growing communities in the nation, Georgetown, Texas. This building will sit off of Westinghouse Road, west of I-35, with easy ingress and egress from the highway. Georgetown is just north of Austin with strong demographics and a very high need for premier medical space.

​Property Description:

  • 36,000 sqft multi-tenant medical office and retail property, with surface parking equal to 5/1000 spaces.

Please note that while all of our past projects involved our development team leaders as Lead or Co-Developers, not all were done so under the Perardi Development name.

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Medical Towers at Mueller

Austin, TX 78723

Property Description:

Located in Mueller, Austin, Texas. Mueller is a modern planned community that is home to many young families. The eco-conscious mixed-use development includes singlefamily homes and apartment complexes as well as chain retailers and restaurants, plus offices and film studios.

  • 10,000 sq. ft. with future Ambulatory Surgery Center
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COMPLETED PROJECTS

Post Oak Center North

MoPac Expwy, North Austin, TX, 78758

±29,724 RSF multi-tenant specialty medical office building situated along MoPac Expwy, a main artery into downtown. 1 Block from St. David’s North Austin Medical Center, a 332-bed full service hospital. All suites have excellent views due to building height and ample glass with 5/ 1,000 SF parking ratio.

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Cedar Park Surgery Center

Cypress Creek Road & US 183, Cedar Park, TX 78613

±35,169 RSF multi-tenant specialty medical office, all brick building. Located in one of the fastest growing communities in Texas, Cedar Park. The building was purchased in 2010, at which point it was a business condo shell, build outs were completed on various custom medical suites for the anchor tenant Cedar Park Surgery Center and Arise Healthcare, and other key medical specialty groups

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Hays Surgery Center

The building sits on 3.5 acres off the southeast corner of I-35 and Kyle Crossing – across from the city’s only hospital, Seton Medical Center Hays.

42,000 RSF multi-tenant specialty medical office building in the highly desirable community of Kyle. The stucco building was completed in early 2012 and has since been completely built out with custom tenant suites for the anchor tenant Hays Surgery Center, Arise Healthcare (36% of the rentable feet), and other key medical specialty groups.

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Medical Towers at River Place

6611 River Pl Blvd, Austin, TX 78730

The Medical Towers at River Place, a premier multi-tenant medical office property. The property is a 36,000 rent-able square foot multi-tenant specialty medical office building located in the highly desirable community of River Place in Northwest Austin, with very strong demographics. It was fully built out in under one year from commencement of construction, with the LLC now paying preferred returns to investors.

​Property Description:

  • 100% Leased $880,000 NOI
  • Year Developed: 2013
  • Located in West Austin in an affluent area known as River Place
  • New construction Class A – 36,000 square steel framed and stucco
  • Core Lease Terms : $24 NNN with 3% annual rental increases
  • Terms: 10-year leases, with 2 (5) Year options

Anchor Tenants:

  • Allergy
  • River Place OBGYN
  • Birthing Center
  • ENT

Please note that while all of our past projects involved our development team leaders as Lead or Co-Developers, not all were done so under the Perardi Development name.

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Medical Towers at ShadowGlen

14008 Shadow Glen Blvd, Manor, TX 78653

The property is a 36,000 rent-able square foot multi-tenant specialty medical office building located in one of the fastest growing communities, within minutes of Austin; Manor, Texas. Manor is a highly desirable growing community just east of Austin with very strong demographics. The city is home to AMD, Dell and Samsung as well as the acclaimed Manor Technology High School. This is the only medical office complex providing services to over 46,000 people in the Manor and surrounding communities. The location is at the entrance of Manor’s wealthiest master planned community, ShadowGlen, with a Walmart super-center directly across the highway. The Highway 290/ ShadowGlen intersection sees an average of 56,000 cars per day.

Property Description:

  • 90% Leased
  • Year Developed: 2014
  • Located in East Austin community of Manor, Texas
  • New construction Class A – 36,000 square foot steel framed medical office building
  • Core Lease Terms : $23 NNN with 3% annual rental increases
  • Terms: 10-year leases, with 2 (5) Year options

Anchor Tenants:

  • FastMed Urgent Care
  • Arise/SCA Imaging Center
  • Arise/SCA Woundcare
  • OBGYN
  • Compounding Pharmacy
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Medical Towers at Sawyer Ranch

13830 Sawyer Ranch Rd, Dripping Springs, TX 78620

The property is a 4.5 acre tract of land, developed into a 37,000 square foot multi-tenant specialty medical office building located in one of the fastest growing communities just west of Austin, Dripping Springs. The property is situated at the corner of Sawyer Ranch Road and 290 West, an area with very strong demographics and need for premier medical space. Traffic counts on 290 West are growing each year as more people want to live outside of the Austin city limits. This area is often called “The gateway to the hill country”. The large master planned communities of Belterra, Polo Club, and Ledgestone exist in close proximity to this property, all of which house upper income families in need of medical care close to home.

Property Description:

  • 100% Leased
  • Year Developed: 2014
  • New construction Class A – 37,000 square steel framed and stucco
  • Core Lease Terms : $24 NNN with 3% annual rental increases
  • Terms: 10-year leases, with 2 (5) Year options
  • Located West of Austin in the community of Dripping Springs with 4th highest wealth per capital in Austin

Anchor Tenants:

  • Lewis Urgent Care
  • Orthopedics
  • Ophthalmology
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Chaparral Ice

2525 West Anderson Lane, Austin, TX 78757

Chaparral Ice, Austin’s only NHL-regulation-sized ice rink that is open to the public, completed renovations Fall 2017.

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Medical & Wellness Center Bee Cave

3944 Ranch Rd. 620 S., BLDG 6, Bee Cave, TX 78738

'The Medical Towers at Bee Cave is a premier multi-tenant medical office and retail property. The property is a 2.1 acre tract of land located across the street from the Hill Country Galleria. The land is currently being developed into a 23,000 square foot multi-tenant specialty medical office building located in one of the fastest growing communities (Bee Cave) just west of Austin with very strong demographics and a need for premier medical space. The new site offers a gateway to Lakeway past 620 west on State Highway 71, directly connecting the two roads. The Bee Cave development offers easy ingress and egress off of State Highway 71 to 620, Lakeway, Lake Travis, Austin, and a plethora of shopping and recreational opportunities.

Property Description:

  • Located in West Austin's fastest growing community of Bee Cave
  • Class A New Construction – 23,000 sq. ft. steel framed and stucco
  • 100% Leased
  • Year Developed: 2016

Tenants:

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Medical Plaza at Temple

Located in the Western growth corridor, in a prominent area of Teample, Texas. The building is near a new Wal-Mart and future H-E-B site, with excellent traffic exposure

3,547 RSF single tenant retail/ medical office freestanding building, completed in 2016.

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