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New investors jump into Austin real estate: Congress Ave. tower, suburban offices snapped up

·4 min read
New investors jump into Austin real estate: Congress Ave. tower, suburban offices snapped up
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The full effects of the Covid pandemic on the office market are still playing out, but two recent transactions show institutional investors remain bullish on Austin. That included the $174 million purchase of a 20-story high-rise on Congress Avenue previously owned by Cousins Properties.