440 and 435 Industrial Blvd were acquired together in June 2022 as a sale-leaseback with South Austin Metals. 440 Industrial Blvd is part of Leifer Properties’ 11-acre assemblage and is adjacent to the Bergstrom Spur, a planned six-mile hike and bike trail around the City of Austin. Leifer Properties is currently in the process of entitling 300 Industrial and three additional properties in its 11-acre assemblage for a mixed-use development including adaptive reuse creative office, ground up residential, and retail.