BoyarMiller Represents GSL Welcome Group In The Purchase Of Tuscan Technology Center, Building 4, Austin, Texas
HOUSTON, Texas (October 5, 2011) — BoyarMiller’s Business Group Shareholder Timothy Heinrich and Associate Blake Royal represented GSL Welcome Group in connection with the purchase of the Tuscany Technology Center, Building 4, in Austin, Texas from McShane Development Company.
The single-tenant building is leased to Gila Corporation and sits on approximately 7.7 acres within the Tuscany Technology Center, a 600,000 square-foot multi-building office and industrial park development in northeast Austin, Texas. This is GSL Welcome Group’s third acquisition in the Austin area and adds to its Texas single-tenant portfolio consisting of over 75 buildings. GSL Welcome is a family-owned group of companies that own and lease single tenant office, lab, industrial and manufacturing facilities in Texas. GSL Welcome also offers build-to-suit and design/build services for new projects.
GSL Welcome Group is a one-stop-shop real estate development company specializing in land acquisition, design, construction financing, development, construction, management and permanent financing.The company has developed over 180 single-tenant properties have been developed since 1979 and currently owns more than 75 properties with over 88 buildings (approximately 4 million square feet).
GSL clients include many Fortune 500 Companies as well as regional, local and a number of international companies. The company was founded by Gustave S. Levey in 1979 and the single tenant development company was purchased by the Wilson family in 1998. GSL’s principals are Welcome Wilson, Sr., Welcome Wilson, Jr. and Craig Wilson.