Downtown Austin high-rise sold to local investor

Another company has purchased one of downtown Austin’s high-rise buildings. The Catherine is now owned by Catherine Tower LLC for an undisclosed price which can amount to at least $134.4 million in the property’s last appraisal estimate. The high-rise property was originally owned by StreetLights Residential and Hunt Companies with the property designed by Rhode: Partners, known for their designs for Seven and The Independent. Christopher Commercial – which is connected to Catherine Tower LLC, has been busy in the Austin real estate market and currently owns The Shops at Arbor Trails and Escarpment Village and Avanti Hills at the Galleria.

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