Stream Realty to sell key downtown Austin property in blockbuster deal

Stream Realty to sell key downtown Austin property in blockbuster dealThe Texas-based developer, Stream Realty Partners, is putting the first-class block that includes the Bank of America tower on the market after months of renovation. In order to make the sale of the property open to investors and property brokers, a private party was set on April 15.

The on-sale property which features a 26-story located at 515 Congress Ave. has a total size of 260,000 square feet. The tower is almost 97% occupied. Meanwhile, “the annex” that housed the Dropbox headquarters is also part of the deal plus the three parking areas that have a total of 1,200 spaces.

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