Updated Aug. 29 at 11:47 a.m.

Published Aug. 8 at 6:52 a.m.

Property at 1811 N. RM 620, Lakeway, was purchased July 20 by a local Austin investor. Christian Brothers Automotive, a shop providing automotive repair and maintenance, has a 15-year lease on the property and remains there after the sale. 512-537-4431www.cbac.com

Correction: We incorrectly stated that the Christian Brothers Automotive company was sold to a local Austin investor.