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Carr Properties Announces First Development Project in Austin
Carr Properties, a Washington, D.C.-based owner, operator and developer of commercial properties, is expanding its Texas footprint with the development of Block 16, a 43-story, 738-000-square-foot office tower in Austin, TX. Carr Properties is partnering with Manifold Development as its local partner for Block 16.
“We are very pleased to be expanding our presence in Austin with the development of Block 16 and are excited to be partnering with Manifold to deliver a next generation office building to downtown Austin,” said Oliver Carr, CEO of Carr Properties.
CBRE Executive Vice President Troy Holme and Senior Vice President Katie Ekstrom are the exclusive office leasing brokers marketing Block 16. The project is currently available for pre-leasing with expected completion in spring 2026.
- ◦Sale/Acquisition