Birtcher Anderson Realty and Milestone Partners have teamed up again to acquire Pecan 130, a 239,952 square foot industrial flex property located in Pflugerville, Texas.
Milestone CEO William Wells was quoted as saying, “We are long on the industrial space and our good friends at Birtcher Anderson continue to find outstanding acquisition opportunities in this segment.” He went on to say, “Pecan 130 has a strong tenant base with opportunities to extend the existing rent roll at market rents and curing the asset’s limited vacancy. Taken altogether, we believe that the sharpe ratio for this asset is outstanding.“
Pecan 130 represents Milestone’s 3rd industrial acquisition with Birtcher Anderson.