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CA-Based Firm Buys Bankrupt Austin Shopping Center

CA-Based Firm Buys Bankrupt Austin Shopping Center

Stockdale Capital Partners, a Los Angeles-based real estate investment firm, has acquired Arboretum Crossing in Austin located at 9333 Research Blvd. The property went into Chapter 11 bankruptcy protection in June 2021 and Stockdale Capital Partners purchased the asset out of bankruptcy. Notorious Texas businessman Nate Paul filed for bankruptcy on Arboretum Crossing earlier this year.

The 20-acre shopping center boasts 192,000 square feet and is situated at the intersection of Mopac (Highway 1) and U.S Highway 183 between two major employment centers: The Domain and Austin’s Central Business District.

Arboretum Crossing marks the first transaction under Stockdale’s second discretionary commingled fund – Stockdale Capital Partners Real Estate Opportunities Fund II – which focuses on opportunistic investments across Western US markets . Daniel Michaels from Stockdale said “We are committed to long term investment in Austin that will benefit from attractive demographic and economic tailwinds.”

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