Jones Lang LaSalle manages and leases the building for SanDiego-based Shidler Group, which bought it and three other Austinbuildings in January. Now called 800 Brazos, the 164,741-sfbuilding is 87% leased and Jones Lang LaSalle plans an aggressivemarketing campaign. It is a block east of Congress Avenue and threeblocks south of the Texas capitol.

The project's first phase calls for renovating the exterior,giving it cleaner lines and starting on interior work. That shouldbe completed by April. The second phase will extend the renovationto the building's common areas as well as enhance itsamenities.Built in 1948 as the Commodore Perry Hotel by EdgarPerry, a Central Texas cotton merchant, the building retains someof that hotel look and feel, Russo says. That will change. "We'regetting away from the hotel-kind of feeling with some of therenovation plans," he says.

At the same time, the renovation will return the exterior tomuch of its original appearance, Russo says. "We're making it amuch cleaner look, much cleaner lines and simplified and retro."PageSouthlandPage, an Austin-based architectural and engineeringfirm, is handling the design work.

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