DEAL OF THE WEEK
What: Sale of La Frontera Square mixeduse development
Where: 2601 La Frontera Blvd., Round
Who: Tonti Properties purchased the note from BBVA Compass.
When: The purchase agreement was executed in April, and Tonti took title to the property in May.
Details: Built last year, the development has a total of 349 one-and two-bedroom apartment units and 46,159 square feet of retail space. The apartments are 90 percent leased; Tonti is marketing the retail space, none of which is occupied, according to Rick Perdue, director of acquisitions for Tonti. Amenities offered at the development include three courtyards, a lap pool, garage parking, four fitness centers, 10-foot ceilings, granite countertops and stainless steel appliances.
La Frontera Square in Round Rock features 349 apartments and 46,159 feet of retail space.