Downtown skyscraper goes for $119 millionDowntown skyscraper goes for $119 millionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=176992017-09-08T05:00:00Z2017-09-08T16:00:00Z

​​​AUSTIN – Intercontinental Real Estate​ has purchased the 5th+Colorado office tower for $663 per sf — a total of nearly $119 million, according to Real Capital Analytics.

The 18-story tower at 201 W. Fifth St. was developed by Lincoln Property​ Co. and delivered in 2016.

Lincoln and Goldman Sachs sold the property. Eastdil Secured handled the deal.

Austin Business Journal
Austin-Round Rock
https://www.bizjournals.com/austin/news/2017/09/06/boston-investor-shells-out-big-bucks-for-one-of.htmlRead more at {Source}

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