Landlords nationwide are taking advantage of the increasingly optimistic forecast for the office market as buyers stretch their bets on cities such as Austin, Texas, with high-profile purchases.
KBS sells Austin office tower amid market recovery
Joint venture deal comes as leasing momentum, pricing regains steam
By Katie Burke
CoStar NewsSeptember 28, 2026 | 9:36 P.M.
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IN THIS ARTICLE
- Properties
- 515 Congress
515 Congress Ave, Austin, TX
- Companies
- KBS
Real Estate
- AQUILA Commercial
Real Estate
- Glendon Capital
Finance and Insurance
- Contacts
- Drew Fuller
Managing Director, Capital Markets, JLL
- Michael McDonald
Senior Managing Director, Office Group Leader, JLL
- Ryan Stevens
Managing Director - Capital Markets, JLL
- Jonathan Napper
Senior Managing Director, Capital Markets, JLL