Home Austin Canyon Creek Acquires 520,000 SQFT One Eleven Congress in Austin for $208MM, Lands $136.5MM Wells Fargo Loan
AustinCommercialFinanceIndustry News

Canyon Creek Acquires 520,000 SQFT One Eleven Congress in Austin for $208MM, Lands $136.5MM Wells Fargo Loan

Share
Austin skyline
Photo by Carlos Delgado on Unsplash
Share

Fort Worth-based Canyon Creek Real Estate has made its Austin debut by acquiring One Eleven Congress, a 30-story downtown tower, from Cousins Properties for $208 million, backing the purchase with a $136.5 million loan from Wells Fargo as capital edges back toward well-leased Class A office in a recovering market.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Featured Content


Recent Posts

Related Articles

3C Datalec Seeks Up to 100,000 SQFT Austin Facility After Merger Forms $400MM-Revenue Data Center Platform

Days after a merger combined former CoolIT Systems chief Steve Walton's liquid-cooling...

Zipline Opens First Austin-Area Drone Hub in Round Rock, Eyes 600 Retail Pickup Kiosks Across Metro

Zipline has opened its first Austin-area drone delivery hub on Round Rock's...

Nan & Company Properties Opens 3,000 SQFT Woodlands Office After $100MM Sales Year

Nan & Company Properties, the Houston affiliate of Forbes Global Properties, has...

Mexican Offshore Contractor Cotemar International Renews 5,000 SQFT at 10370 Richmond Ave. in Houston’s Westchase

Mexican offshore services company Cotemar International has renewed its 4,693-square-foot office lease...