The California corporate rush to Texas is picking up steam with a major Los Angeles-based real estate investment trust entering the Austin market in high-profile style. Kilroy Realty Corp. is making its first investment outside the West Coast with the purchase of the city's tallest office tower for $580 million, Austin's highest pandemic price.
West Coast REIT Buys Tallest Office Tower in Austin, Texas, as City Gains More California Investment
Kilroy Purchase of Indeed Tower Marks the Pandemic's Priciest Trade in Texas Capital
By Marissa Luck
CoStar News
June 18, 2021 | 12:07 AM
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IN THIS ARTICLE
- Properties
- Indeed Tower
200 6th St, Austin, TX
- Sail Tower
601 2nd St, Austin, TX