Barshop and Oles, a privately owned, Austin-based development and management firm that specializes in grocery-anchored neighborhood and community shopping centers, has sold a prime property in Leander, a suburb about 30 miles northwest of Austin. AEW Capital Management bought Bar W Marketplace, a 189,507-square-foot community retail center anchored by an H-E-B grocery store, for an undisclosed price
JLL Capital Markets, which arranged the sale, secured acquisition financing for AEW from Manulife Real Estate Finance, "in the form of what the firm described as low-leverage, fixed-rate financing,” Commercial Edge reported.
Bar W Marketplace is at 19348 Ronald Reagan Boulevard, on the southeast corner of Ronald Reagan Boulevard and SH-29 in Williamson County. The retail center was built between 2022 and 2024 and is fully leased to tenants including Chase Bank, Wells Fargo, Whataburger, Chili’s, Torchy’s Tacos, and 7Brew Coffee.