Login

Bargain Office Hunter Buys First Property in Texas Capital After 15-Year Search

New Ownership Group Renames Office Building After Famous Bridge
The newly acquired building, renamed Pennybacker Commons, overlooks the Pennybacker Bridge, a famous bridge in Austin, Texas. (Courtesy of Madison Marquette)
The newly acquired building, renamed Pennybacker Commons, overlooks the Pennybacker Bridge, a famous bridge in Austin, Texas. (Courtesy of Madison Marquette)
CoStar News
October 2, 2019 | 6:06 P.M.

In a deal 15 years in the making, a fund that targets office real estate that's ripe for renovation throughout the country has bought its first property in Austin, Texas.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE