Punch Bowl Social has leased 23,038 square feet of retail space in the Scarbrough Building, a historic office tower located at 522 Congress Ave. at 6th Street, for a new Austin-area location.

215 Fremont, the 427,393-square-foot class-A office building, sold last week to Clarion Partners for $335.5 million, the largest real estate sale since 2017.

The public relations firm recently moved into GFP Real Estate's 21-story office building committing to a seven-year lease.

Our current worldwide global real estate cycle is, however, one of the longest in recent history, says PGIM report.