Land under Austin’s Top Golf sold; long term, expect it to be replaced by big buildings

Top Golf, the upscale driving range and entertainment venue in North Austin, has a new landlord — Houston-based OrangeStone Capital.

The 12-acre property, which includes a 65,000-square-foot clubhouse and 102 hitting bays, had been owned by an entity formed by Austin-based Endeavor Real Estate Group…The marketing brochure — Avison Young’s retail team in Houston had the listing — indicates the Top Golf lease is for 15-years with three five-year extensions…OrangeCapital owns other Austin properties: Plaza at Riata, a retail center at 12221 Riata Trace Parkway; Westover Square, another retail center at 3501 Hyridge Drive; and an office park at 1601 Rutherford Lane. [Austin Business Journal]

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