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January 15, 2020  

CalSTRS Tees Up Downtown Austin Tower

California State Teachers is shopping a downtown Austin office building that could command just over $300 million, setting the stage for one of the biggest trades in the booming city’s history.The 504,000-square-foot tower is at 600 Congress Avenue, four blocks south of the Texas Capitol. Bids for the Class-A property are expected to come in around $600/sf, or $302 million. That would be just below Austin’s $310 million record for a...

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