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Major Tower Sale Extends Streak in City With Nation's Highest Office Demand

CIM Group, Owner of Tallest Local Residential Building, Adds to High-Profile Holdings Nationwide
Chase Tower in downtown Austin, Texas, has undergone major renovations. (Cushman & Wakefield)
Chase Tower in downtown Austin, Texas, has undergone major renovations. (Cushman & Wakefield)

An investor that owns the tallest residential tower in Austin, Texas, just bought one of the largest office buildings there, increasing its bet on the fast-growing city with the nation's highest office rent growth.

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News | Major Tower Sale Extends Streak in City With Nation's Highest Office Demand