
AUSTIN, TX-Houston-based Braun Enterprises has acquired Centennial Towers, an office building comprising 156,293 square feet of space at 505 E. Huntland Dr. in North Austin. As stated in public records, the acquisition price of the six-story building was not disclosed, but the property was lately appraised for $12.1 million.
The office building is currently 83% occupied. Todd Mills from CBRE Group Inc.'s Institutional Group and Cathy Nabours and Walter Saad from CBRE's Private Capital Group negotiated the deal on behalf of the seller. For the full story, go to Austin Business Journal .
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