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AUSTIN-Cousins Property Inc. has acquired 826 Congress Avenue, a class A office building located in the city’s CBD. The Atlanta, GA-based company acquired the 434,000-square-foot asset for $102.4. According to the Travis Central Appraisal District, the previous owner was Trimont Real Estate Advisors, also of Atlanta.

A press release detailing the transaction notes that the 1980s building is currently 78% occupied to tenants such as Teachers Retirement System of Texas, Lloyd Gosselink and AT&T Services. There is no word on whether Thomas Properties Group, which had the property management assignment for the building, will continue in that role.

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