Austin is acquiring an office property from Brandywine Realty Trust for $107.6 million, which the city plans to turn into a public safety headquarters. Known as One and Two Barton Skyway, the facility in Southwest Austin measures 386,000 square feet. The cost comes in at $275 per square foot.
Located at 1501 and 1601 South MoPac Expressway, the property consists of four office buildings. Even with the deal, Brandywine will maintain ownership in Four Barton Skyway, which is 94 percent leased.
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