Caliza in Cedar Park, Texas

JLL Arranges Sale of Caliza Near Austin

by Lynn Peisner

CEDAR PARK, TEXAS — Internacional Realty has sold Caliza, a 270-unit, garden-style community in the northwest Austin suburb of Cedar Park, to Virtus Real Estate Capital. JLL Capital Markets arranged the sale, representing the seller. The JLL investment sales and advisory team representing Internacional was led by Managing Directors Ryan McBride and Robert Arzola. The asset price was not disclosed. Built in 2020, Caliza features one-, two- and three-bedroom units with wood-style flooring, custom cabinetry, stainless steel appliances, LED lighting and 14-foot ceilings. Amenities include a recently renovated resort-style pool, a fitness center and group exercise room, outdoor pavilion with an exterior fireplace and a clubhouse with a catering kitchen.

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