World Class Property Company Announces Successful Refinancing of 56 East Avenue Property in Austin’s Rainey Street District
AUSTIN, Aug. 03, 2021 (GLOBE NEWSWIRE) -- World Class Property Company (together with its affiliates World Class), a privately-held, diversified real estate investment company, announced today the successful refinancing of a creative office property located on a prime development site at 56 East Avenue in downtown Austin.
- AUSTIN, Aug. 03, 2021 (GLOBE NEWSWIRE) -- World Class Property Company (together with its affiliates World Class), a privately-held, diversified real estate investment company, announced today the successful refinancing of a creative office property located on a prime development site at 56 East Avenue in downtown Austin.
- World Class was an early investor in the Rainey Street District, a rapidly growing area along Lady Bird Lake on the southeastern edge of downtown.
- The growth in the Rainey Street District is astounding, even by Austins standards, said World Class founder and CEO Nate Paul .
- The long-term plans for 56 East Avenue remain unchanged, and World Class continuously evaluates opportunities to maximize the propertys development potential.