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Longtime East Coast Investor Tees Up First Texas Buy With Capital City Office Tower

Austin's Tech City Status, Low Cost of Living Likely Driving Decision
The 22-story, 412,960-square-foot office building at `100 Congress Ave. in downtown Austin, Texas, is 93% leased and could have a new owner in the coming months. (CoStar)
The 22-story, 412,960-square-foot office building at `100 Congress Ave. in downtown Austin, Texas, is 93% leased and could have a new owner in the coming months. (CoStar)
CoStar News
January 13, 2021 | 10:02 P.M.

A Washington, D.C.-based real estate investment trust founded by legendary developer William T. Carr Jr. is reportedly making a move west of the Mississippi River with what could be the company's first investment in Texas.

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