Apr
24

Invesco Buys Stake in Austin Office Tower

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Third + Shoal, a 345,000-square-foot skyscraper currently rising at the site of the former Austin Music Hall, is scheduled for completion later this year.

TIER REIT has sold 50 percent of its interest in Third + Shoal, an approximately 345,000-square-foot office tower currently under construction is Austin, Texas. Invesco Real Estate, a global real estate investment manager, acquired the stake in the project.

The new joint venture between TIER REIT and Invesco Real Estate closed on March 31…

Invesco Buys Stake in Austin Office Tower

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