Houston, December 20, 2013 – Vista Equities Group and VPEG, LLC announced the purchase of 6.94 acres with two “Class A” office buildings consisting of 54,664 square feet, plus an undeveloped 1.36 acre adjacent parcel of land for future development or sale. Located in Southwest Austin’s premier suburban community which has experienced 42% growth in the past ten years, the Property features a prominent and highly visible location in the heart of Lakeway, Texas.
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About VPEG, LLC
VPEG, LLC is a Houston‐based private equity / real estate development firm led by Greg Houghtaling and Brent Mann. Vista is focused on generating ground up retail, medical and mixed‐use development projects. In addition to real estate development, Vista also provides equity capital to support private companies facing an ownership transition or transformative growth initiatives. For more information, please visit our website at www.vistagroupllp.com.
About Vista Equities Group
Vista Equities Group is part of the Vista Companies, a Houston‐based real estate services group led by longtime developer, Woody Mann. Vista Equities focuses on the development of new properties and the acquisition of existing income‐producing properties. Vista Equities’ sister firm, Vista Management Company, provides leasing and property management services for third party owners and Vista’s own investment partnerships. The senior development and property management team represents more than eighty‐five years of experience in the Texas real estate market. For more information on the Vista Companies, please visit www.vistahouston.com.
Contact: Brent Mann, VPEG, LLC, (281) 560-7375, email@example.com