Shorenstein Properties has sold the Bravo Building in Austin to the Teacher Retirement System of Texas (TRS) as the second part of the TRS campus purchase to relocate its headquarters. Terms of the transaction were not disclosed.
The Bravo Building is a six-story, 248,000-square-foot office building located in the Mueller Business District, a vibrant mixed-use neighborhood in East Austin with an abundance of retail, housing, and outdoor green spaces. It was designed by Page Southerland Page and incorporates sustainable design elements such as high-efficiency windows and mechanical systems as well as 13-foot, 3-inch floor-to-floor heights, and 40,000-square-foot floor plates. The property also includes an 845-space parking garage.
The Bravo Buildi