Austin: 156,000-SF Centennial Towers sold

AUSTIN – The six-story Centennial Towers at 505 E. Huntland Dr. has been purchased by Boston-based Taurus Investment Holdings LLC. The 156,000-sf property was built in 1986 and is 99 percent occupied.

Tenants currently include Securitas Security Services Inc., KBR USA Inc., Texas A&M University and Walsh, Anderson, Brown, Gallegos & Green PC.

Taurus purchased the office property from Braun Enterprises of Houston. The Travis Central Appraisal District most recently valued the property at about $15.1 million.

Taurus has had a presence in Austin since 2005 when it acquired more than 2,000 acres near SH 130. Through the Dallas offices, it has been moving forward with the development of Whisper Valley and Indian Hills — two massive master-planned communities.

Read more at the Austin Business Journal.