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Kim Gatley
enior Vice President & Director of Research at REOC Austin

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Going once, going twice, sold! Downtown Austin office building sells

austin_900Congress900 Congress, a downtown office building and parking garage, has been acquired by Cielo Property Group.The 64,000-sf office building is at West Ninth St. and Congress Ave.

The building is five stories tall and is currently occupied by a number of tenants, including Prosperity Bank and the Sneed Vine & Perry and Wright & Greenhill law firms. The nine-story parking garage is about a block away at 816 Colorado St.

Enterprise Rent-A-Car recently leased a former bank drive-through on the garage’s ground floor and expects to open soon. The building’s entire fourth floor, spanning about 10,500 sf, is currently up for lease.


Click here to read the full article: Austin developer Cielo adds to recent buying spree (Austin American Stateman, 4-5-2016)


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