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Austin remains the most expensive large Texas city in which to rent, with average rents of $1,437, and also recorded the largest month-over-month rent increase of 0.7%, translating to $10.
The significant leasing activity comes amid an ongoing capital campaign at the two-building 600,000-square-foot office complex at 201/301 Route 17 North in Rutherford.
Westside acquired the property for $29.5 million and intends to invest up to $5 million in capital improvements, while rebranding the property "Westshore Crossing."