Wednesday , 19 June 2019
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Facebook Signs Huge Lease in Downtown Austin

Downtown Austin has attracted Facebook, Google and other tech tenants.

AUSTIN – Facebook has leased 231,507 SF in a new office building under construction in downtown Austin.

Shonda Novak and Lori Hawkins of the Austin American-Statesman reported Facebook will occupy 10 floors in the building, a 29-story tower called Third + Shoal at 208 Nueces Street.

The building is being developed by Austin-based Cielo Property Group, TIER REIT and Invesco. The newspaper said Facebook has an option to purchase the 345,000-SF building, which is slated for completion in the third quarter of 2018.

Facebook already has 700 employees working in a downtown building on Sixth Street.

Oct. 2, 2017 Realty News Report Copyright 2017

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