Colorado Tower is riding high.
The first new high-rise in more than ten years for the city, the building, with Cousins Properties Inc., has inked five new leases totaling 157,279 square feet. The 373,000-square-foot, Class A office building is now 95 percent leased, up from 51 percent just three months ago.
“We broke ground in June 2013 17 percent pre-leased, and today we are 95 percent leased to a diverse roster of high-caliber companies, many who are new to Austin,” said Larry Gellerstedt, president and CEO of Cousins.
More Tenants Climbing Colorado Tower
- Parsley Energy Inc., which expanded by 61,264 square feet and now leases a total of 135,107 square feet. They were represented by Will Douglas and Nathan Lawrence with CBRE and Jim Bell with Savills Studley. “Colorado Tower’s strong building amenity base, coupled with numerous restaurants, hotels and shops strategically located in the immediate vicinity, both played a significant role in securing Parsley Energy as the anchor tenant,” said Jim Bell, associate director for Savills Studley’s Houston office, to GlobeSt.com.
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