Domain Gateway

2900 Esperanza Crossing, Austin, TX 78758

Property Overview

Domain Gateway is an office tower completed in 2009 that is 100 percent leased to OneWest Bank. The property is located in The Domain, a highly acclaimed mixed-use development in Northwest Austin which contains Class A residential, office, retail, restaurant, hotel, grocery and entertainment space.   The Domain includes high-end nationally-known retailers as well as a new district called Rock Rose that is offering over 100,000 square feet of predominantly local dining, shopping and entertainment options that reflect Austin’s unique personality and soul.

The property is a USGBC LEED Core and Shell Silver-certified building. The entry lobby consists of travertine stone flooring with the walls and ceiling consisting of limestone and wood with a travertine stone base. The property’s top floor (floor 5) features a high-vaulted, atrium-like ceiling along with an exterior balcony. Domain Gateway is located within The Domain, a 304-acre mixed-use development strategically situated 15 minutes north of the CBD on a site bounded by the MoPac Expressway, Braker Lane and Burnet Road, one-half mile north of Highway 183. The property also provides immediate access to Loop 360 and to I-35, the primary north-south artery through the heart of the metro area. In addition, Austin’s Capital Metro train line, which opened in 2010, has a station at Kramer Lane adjacent to the property providing commuter service from northwest Austin through the CBD to the south. Rail service to downtown from The Domain is a 27-minute trip and operates 13 hours per day.

Investment at a Glance

Location: Austin, TX

Property Type: Class A Office

Acquisition Date: September 29, 2011

Purchase Price: $48,015,000

No. of Buildings: 1

No. of Stories: 5

Square Footage: 173,962 SF

Year Built: 2009

Leased Percentage (at the time of Acquisition): 100%

$48,015,000 Total Purchase Price
173,962 square feet Total Rentable Area
Class A Building Class