Buchanan Capital Partners Acquires Austin Office Park, Renames It "Westbank Pointe"
AUSTIN, Texas, July 8, 2025 /PRNewswire/ -- Buchanan Capital Partners ("BCP"), an Austin-based, zero-fee commercial real estate investment firm, announced its latest acquisition: the off-market purchase of The Escalade Office Park in Austin, Texas, now known as Westbank Pointe.
The 116,434-square-foot office building is conveniently located at the corner of Loop 360 and Westbank Drive at 4301 Westbank Dr., directly adjacent to Westlake High School.
Situated in the affluent suburb of Westlake, the property is anchored by a well-established mix of locally owned businesses and long-term tenants with a strong history of occupancy. Brandon Lester and Connor Atchley of Transwestern Real Estate Services have led leasing efforts at the building for over 15 years and will continue in that role for BCP. Property management services will also remain with Transwestern. See updated marketing materials here: Westbank Pointe Flyer.
BCP is offering competitive lease terms to fill the few vacancies at Westbank Pointe. Available suites range from 4,533 to 21,754 square feet. The 21,754 square foot full floor includes spectacular views of downtown Austin. Interested brokers and tenants are encouraged to contact Brandon Lester and Connor Atchley at Brandon.Lester@transwestern.com and Connor.Atchley@transwestern.com.
BCP's value-driven approach is evident in this acquisition, secured at a significant discount to its intrinsic value and recent comparable sales. The immediate focus includes $1M+ of targeted capital improvements to the building's lobby and common areas to enhance the experience for both existing and future tenants.
"We are excited to invest in a property that is so well-known and deeply rooted in the Westlake community, directly across from Westlake High School. Westbank Pointe is as convenient as it gets," said Keith Buchanan, Founder of BCP. "But what really sets it apart is the people - businesses like Prime Bank of Texas, Chicago Title, and Cagle Pugh Law that have served this community for years. We look forward to working with the Transwestern team to build on that foundation and welcome more successful local businesses to the building."
"We quickly identified Westbank Pointe as a unique opportunity to reposition a quality asset at a reset cost basis and make some material aesthetic upgrades," added Trent Thomas, Partner at BCP. "Tenants love the building, which enabled us to sign multiple leases during our diligence period."
This acquisition reinforces BCP's reputation as a leader in strategic, growth-oriented real estate investments that prioritize value creation and investor trust.
About Buchanan Capital Partners
Buchanan Capital Partners, based in Austin, Texas, is a performance-based commercial real estate investment firm focused on delivering consistent, superior risk-adjusted returns. BCP charges no fees, and its investors are paid in full before the firm receives compensation. BCP pursues strategies including direct acquisitions across product types and providing joint venture equity for opportunistic investments. BCP's Principal has a proven 28-year track record of successful investing across all commercial real estate product types, primarily in major Texas metros.
For more information about Buchanan Capital Partners, please visit www.buchanancp.com.
Contact:
Gentry Bowen
gbowen@buchanancp.com
512-673-7375
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SOURCE Buchanan Capital Partners