This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company, nor shall there be any sale of securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction
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About Invesco Mortgage Capital Inc.
Invesco Mortgage Capital Inc. is a real estate investment trust that primarily focuses on investing in, financing and managing mortgage-backed securities and other mortgage-related assets. Invesco Mortgage Capital Inc. is externally managed and advised by Invesco Advisers, Inc., a registered investment adviser and an indirect wholly-owned subsidiary of Invesco Ltd., a leading independent global investment management firm.
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A 22-story building that has stood as a landmark on Congress Avenue and Cesar Chavez Street for more than three decades has a new owner.
Carr Properties has acquired 100 Congress, an office building with nearly 420,000 square feet that overlooks Lady Bird Lake. The price was not disclosed.
The building is valued at $292.8 million by the Travis Central Appraisal District.
With the purchase, Austin becomes Carr s third market. The company is headquartered in Washington, D.C., and it expanded to Boston in 2018.
“We are very excited to expand into Austin, a vibrant innovative market poised for long-term growth with rapid demographic, economic, and market momentum,” Oliver Carr, CEO of Carr Properties, said in a news release. “Austin’s economic drivers of tech, government, and education will be a strong strategic complement to our existing portfolio.