The Domain Portfolio comprises three Class A office buildings (Domain 2, Domain 7, and Domain 8) totaling 628,000 square feet of office space and 25,000 of ground-level retail. The portfolio is located in the 304-acre mixed-use development known as The Domain in Northwest Austin, Texas. The properties were developed in partnership with Austin-based Endeavor Real Estate Group.
Shorenstein invested in these development sites early in the build-out of the larger phased development of The Domain with the expectation that, upon completion, The Domain would offer a distinctive mixed-use environment that would drive high demand from office tenants. Each building features large, rectangular and column-free floor plates, nine-foot finished-ceiling heights, covered parking, and excellent window lines offering tenants abundant natural light. The portfolio was 100% occupied by November 2017 and the portfolio was sold in the first quarter of 2018.