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Tenant Backs Out of Office Lease for Skyscraper Underway in Texas Capital

REIT Pushes Back Construction Timelines on Austin, Philadelphia Projects
A rendering of 405 Colorado, a 25-story office tower under construction in downtown Austin, Texas. (CoStar)
A rendering of 405 Colorado, a 25-story office tower under construction in downtown Austin, Texas. (CoStar)
CoStar News
April 27, 2020 | 7:00 P.M.

The lead tenant for a 25-story skyscraper under construction in Austin, Texas, has backed out of its office lease, leaving the project's developer, a real estate investment trust, with more space to fill in its national portfolio.

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News | Tenant Backs Out of Office Lease for Skyscraper Underway in Texas Capital