United States, April 2 -- JLL Capital Markets announced the sale of New Hope, a newly constructed, fully leased industrial business park spanning 271,689 square feet across three buildings in Cedar Park, Texas.JLL represented the seller, a joint venture partnership of Riverside, Live Oak and Cordova, in the transaction. Stockbridge acquired the asset.Completed in August 2024, New Hope comprises three shallow bay, rear-load buildings positioned on 28.5 acres along Scottsdale Dr., just 0.25 miles east of Highway 183A in the heart of Cedar Park's high-tech industrial district. The property achieved full occupancy within 14 months of delivery, leased to five tenants with credit profiles spanning life science, aerospace, manufacturing and distri...