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REA
February 21, 2018  

Austin Redevelopment Site Available

Hewlett Packard Enterprise is shopping a 52-acre Austin site as a redevelopment play.The parcel, valued at about $37 million, currently houses a 186,000-square-foot building with offices, laboratory space and computer servers. The technology giant is willing to lease back 50,000 sf for an unspecified short period of time, which would provide cashflow while a buyer weighs its investment strategy. CBRE is representing HPE, of Palo Alto, Calif.The...


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