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Old Posted Sep 19, 2012, 5:04 PM
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KevinFromTexas KevinFromTexas is offline
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http://www.statesman.com/blogs/conte...g_propert.html
Quote:
Frost Bank Tower among properties changing hands in $859 million deal

By American-Statesman Staff | Wednesday, September 19, 2012, 09:35 AM

In a deal valued initially at $859 million, a major Austin real estate portfolio previously owned in part by failed investment banking firm Lehman Brothers Holdings has been sold to a partnership formed by Los Angeles-based Thomas Properties and the California State Teachers Retirement System.

The deal involves eight office buildings in downtown and suburban Austin, including the Frost Bank Tower, 300 West 6th Street, One American Center, San Jacinto Center and One Congress Plaza, as well as Westech 360, Park Centre and Great Hills Plaza in Northwest Austin.
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