823 Congress sold823 Congress soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=151462016-11-08T06:00:00Z2016-11-08T18:00:00Z

​AUSTIN – New York-based Brickman has purchased the office tower at 823 Congress from local real estate investment and development firm Cielo Property Group.

The 16-story, 181,381-sf building was purchased for $63 million, or $347 per sf, according to data provided by Real Capital Analytics. The tower was built in 1970.

Eastdil Secured handled the transaction.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/news/2016/11/08/downtown-austin-office-tower-sold-to-new-york-firm.html?ana=e_mc_prem&s=newsletter&ed=2016-11-08&u=ohSD%2Fe6TGoiGi7VP7oH8XZKfemn&t=1478615098&j=76392891Read more at {Source}

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