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AUSTIN – Provident Realty Advisors has acquired a 78,000-sf office building from Citizens Insurance Co.
The six-story property at 400 E. Anderson Ln. was built in 1973. It will be rebranded as Anderson Tower and undergo interior improvements.
JLL will lead management and leasing services. The tower currently has a contiguous block of over 50,000 sf of available space. The top floor is home for a local law firm.
Farmers Bank & Trust provided $7.4 million in acquisition financing.
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