AUSTIN - The 181,381-sf building at 823 Congress Ave. was purchased by Cielo Realty Partners in downtown Austin. The 15-story office building was appraised for $21.9 million, according to Travis Central Appraisal District.
Cielo Realty Partners, founded in 2010, has been seeking a strong downtown presence beginning with three historic buildings in the 300 block of Congress. Cielo Realty Partners purchased the building from CapRidge Partners.
Read more at the Austin Business Journal.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.