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TikTok Signs 125K-SF Office Lease in Austin

Cousins Properties has inked a lease with social media giant TikTok Inc. for a 125,000-square-foot space in the Austin CBD.

The property, 300 Colorado, is a 368,798-square-foot, 32-story high-rise tower. TikTok will occupy floors 27 through 32. The property was built in 2021 and features floorplates between 21,256 and 22,917 square feet. In addition, the tower includes a 10,000-square-foot retail component.

TikTok, which is based in California, will take a portion of space that was originally leased to Parsley Energy Inc. Pioneer Natural Resources Co. later acquired the lease and is currently one of Cousins’ top five office tenants occupying 359,660 square feet of space across two properties.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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