Cedra Clinical will occupy the 23,500-sf second floor of the94,000-sf building and Washington Mutual will take 8,800 on thenorth side of the ground floor, David Sheldon of Endeavor RealEstate Group, tells GlobeSt.com. The transactions raise theoccupancy of the three-building complex to 96% with 4,670 sf stillopen.

Cedra Clinical, a subsidiary of Austin-based Cedra Corp., is acontractor of clinical research services. Cedra's lease is foreight years. Matt Mathias of Mathias & Co. represented Cedraand Sheldon represented the building owner, Reunion Ventures.

Washington Mutual, based in Seattle will open an employeetraining center in the building. Kelly Shaw of Austin's SSCDevelopment represented Washington Mutual. Other details of thetransaction were not disclosed.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.