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Private investor acquires Austin, Texas, office property

16-story downtown building sold by joint venture
A downtown Austin office property was sold to a private investor. (CoStar)
A downtown Austin office property was sold to a private investor. (CoStar)
By Alex Na
CoStar Research
May 27, 2026 | 6:52 P.M.

A private, Austin, Texas-based real estate investment and development firm purchased 823 Congress Ave., in Austin, Texas, from DRA Advisors and Pillar Commercial.

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