JLL arranges refinancing for fully leased Southwest Austin office building

AUSTIN, Texas, July 13, 2026 – JLL Capital Markets announced today it has arranged a refinancing for Rollingwood III, a 121,115-square-foot Class A multi-tenant office building located at 2500 Bee Caves Road in Austin’s Southwest submarket.

JLL worked on behalf of the borrower Ascentris to secure a fixed-rate loan.

Built in 2019, Rollingwood III is 100% leased and features floor-to-ceiling vision glass windows with enhanced interior finishes throughout all public spaces. The building is one of three Class A office buildings within Rollingwood Center, a multi-building office campus situated on a combined 13.0-acre site in Southwest Austin. Two structured parking garages serve the campus at a ratio of four spaces per 1,000 square feet — Rollingwood I and II are served by a shared garage, while Rollingwood III benefits from its own dedicated four-story parking structure.

Positioned at the intersection of MoPac Expressway (Loop 1) and Bee Caves Road, Rollingwood Center sits two miles from downtown Austin in one of the city’s most established and sought-after office corridors. The campus benefits from excellent regional connectivity via MoPac and State Highway 360, providing direct access to Austin’s major employment centers, retail corridors and residential communities. The property sits in close proximity to Zilker Park — one of Austin’s signature recreational landmarks — with access to the city’s hike and bike trail network connecting to Barton Springs and Lady Bird Lake.

The JLL Capital Markets team was led by Senior Managing Directors Colby Mueck and Doug Opalka.

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE: JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Ascentris is a Denver-based real estate private equity firm that manages a series of fully discretionary institutional investment vehicles focused on value-add, core-plus, and core strategies across major property types and markets throughout the United States. Since 2003, the Ascentris management team has followed an investment philosophy and organizational structure designed to identify opportunities ahead of the market while delivering exceptional service, transparency, and accountability to its investors. Ascentris is a privately held, management-owned, SEC registered investment adviser^[1] committed to putting investors’ interests first. ^[1] Registration does not imply any level of skill or training.