Israeli, Alaskan investors enter Austin office market; here’s how much properties are selling for citywide

Earlier this week I wrote about New York-based Brickman re-entering the Austin market with its purchase of 823 Congress— an asset that garnered about $63 million, or $347 million per square foot.

While that’s a very healthy purchase price, it isn’t the most expensive office investment sale since the Seaholm Power Plant redevelopment downtown netted a whopping $131 million in September, or an estimated $630 per square foot.

Click to read more at Austin Business Journal.