home about categories posts news
discussions archive recommendations faq contacts

Major Office Property Transaction in Austin: Sail Tower Sold for $521.8 Million

January 17, 2025 - 04:55

Major Office Property Transaction in Austin: Sail Tower Sold for $521.8 Million

Jackson Walker has successfully represented Trammell Crow Co. in the sale of the renowned Sail Tower, situated at 601 West 2nd Street in the heart of downtown Austin. The transaction, which was finalized at an impressive $521.8 million, stands out as the largest office property acquisition in Austin for the year 2024.

Sail Tower, a prominent fixture in the Austin skyline, has attracted significant attention due to its prime location and modern amenities. The sale reflects the growing demand for office spaces in urban areas, particularly in vibrant markets like Austin, where business and technology sectors continue to thrive.

The involvement of experienced advisors in this high-stakes deal underscores the strategic importance of the property within the competitive landscape of commercial real estate. As the city continues to expand, the Sail Tower is poised to play a crucial role in shaping the future of Austin's business environment and contributing to its economic growth.


MORE NEWS

Recent High-Value Home Sale Dominates Newport County Real Estate Market

January 22, 2025 - 11:24

Recent High-Value Home Sale Dominates Newport County Real Estate Market

In a remarkable development within the Newport County real estate market, a stunning home has been sold for an impressive $3.775 million. This sale not only highlights the ongoing demand for luxury...

The Surge of Wealthy Buyers Transforming Washington Real Estate

January 22, 2025 - 06:09

The Surge of Wealthy Buyers Transforming Washington Real Estate

The Washington, D.C. real estate market is experiencing a significant shift as affluent individuals, particularly those aligned with the Trump administration, are making their presence felt in the...

Gulfport Real Estate Sales from January 14-16

January 22, 2025 - 02:30

Gulfport Real Estate Sales from January 14-16

Here`s the listing of January 14-16 Gulfport real estate sales, showcasing a variety of homes and condos throughout Gulfport, Florida. The recent transactions reflect a dynamic market, with...

Iraq Implements Stricter Regulations on Real Estate Transactions to Fight Money Laundering

January 21, 2025 - 10:42

Iraq Implements Stricter Regulations on Real Estate Transactions to Fight Money Laundering

Baghdad – In a significant move to enhance financial integrity, the Central Bank of Iraq (CBI) has announced new regulations aimed at combating money laundering and terrorism financing within the...

read all news
home categories posts about news

Copyright © 2025 Acresh.com

Founded by: Lydia Hodge

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy