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The property is 96 percent leased as Tishman Speyer takes ownership of the newly-completed second building. Earlier this year, Tishman Speyer closed on the Foundry I building, which had opened in 2019. At the time, it was announced that the follow-up acquisition of Foundry II would be executed once construction was completed. The sale prices was reported then at $150 million. During the period between the initial acquisition agreement and the transaction closing announced today, Tishman Speyer worked closely with Cielo Property Group and CBRE to complete 128,195 square feet of new leasing at Foundry II, which is now 99 percent leased. “This confluence of events that we have announced today is everything we could have hoped for when we reached our initial acquisition agreement with the developer, Cielo Property Group,” said Tishman Speyer Senior Managing Director Ryan Botjer. “We certainly recognized that Austin is one of the nation’s emerging technology centers, and we env

United statesTishman speyerRyan botjerCushman wakefieldCielo property groupEast austinTishman speyer senior managing director ryanSixth river architectsMichael hsuஒன்றுபட்டது மாநிலங்களில்டிஷ்மேன் ஸ்பீயர்குஷ்மேன் வேக்ஃபீல்ட்சிேலோ ப்ராபர்டீ குழுகிழக்கு ஆஸ்டின்மைக்கேல் ஶூ