A Dallas investment firm's acquisition of 114 parcels on 12th Street in East Austin has given some nearby residents pause.
Eureka Holdings Inc. has steadily grown its holdings east of I-35 in recent years and now owns more than $51 million in the 12th Street corridor, stretching from the interstate east to a little past Hargrave Street, the Austin American-Statesman reports.
Eureka bought its first 12th Street property in 2014 at 12th and Navasota streets. Since then it has purchased empty lots,…