SDG said it made the move to Austin because of its central location and favorable business climate. The company develops custom software, provides project management and other information technology services.
The Phillips Building, located at 105 E. Congress, was built in 1900 and renovated in 2000. It has 16,000 sf. A company spokesman could not provide information on its broker. Al Ranney of Al Ranney & Associates, the building owner, handled talks for his side of the deal. The Phillips building is one of two buildings on its block that will remain intact with the construction of Cousins Properties Inc.'s 525,000-sf Fourth and Congress building, now under construction.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
