Church acquires SW Austin office building

Austin Stone Community Church is the new owner of the Nine One Six office building in Southwest Austin.

The church bought the two-story, 55,216-square-foot office building for an undisclosed price.

The building is located off of Capital of Texas Highway (Loop 360) and Lost Creek Boulevard. The sale includes the 5.2 acres on which the building sits.

“The purchase … provides us the opportunity to put a permanent stake in the ground and call 916 South Capital of Texas home as we continue to serve West Austin,” said Kevin Peck, Austin Stone Community Church’s lead pastor.

Currently, the church meets nearby at Westlake High School each Sunday at 10 a.m. Services will continue there until the move is complete.

Austin Stone Community Church plans to use about half the recently renovated building for its own needs, while leasing out about 27,000 square feet of space to area businesses. The goal is “to create a sustainable and beneficial relationship between the two uses.”

Nine One Six is near upscale residential communities, the Barton Creek Greenbelt and several major retail centers, including Barton Creek Square mall.

JLL’s Jeff Coddington, Kevin Kimbrough and Brent Powdrill represented the seller; Bob Wynn and Ben Fuller with Cushman & Wakefield represented the buyer.

Coddington said the property is “a great investment opportunity” for prospective users and investors.

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