Carr Properties enters Austin market

Carr Properties has acquired 100 Congress Avenue, a 22-story, 419,785-square-foot, class A office tower, located in the heart of downtown Austin, Texas. This acquisition marks Carr Properties’ entry into the Austin market, reflecting the company’s continued focus on strategic growth and investment in innovation markets. A sales price was not disclosed.

100 Congress is one of Austin’s best and most prominent downtown office towers. Situated on over an acre of land on the corner of Congress Avenue and Cesar Chavez, Austin’s two most sought-after throughfares, 100 Congress overlooks Lady Bird Lake and is within walking distance of local attractions, such as Austin City Hall and ACL Live. This central location immerses customer workplaces in the life, energy and entrepreneurial vibrancy of downtown Austin.

“We are very excited to expand into Austin, a vibrant innovative market poised for long-term growth with rapid demographic, economic and market momentum,” sa