AUSTIN – GSL Welcome Group of Houston has purchased its third Austin property.
BoyarMiller’s Timothy Heinrich and 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.
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 has developed over 180 single-tenant properties currently owns over 88 buildings with 4 million sf.
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.