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Frost Tower to Be Sold Again!!

March 30th, 2007 4:39 PM by Heather Brown

In what is believed to be the biggest commercial real estate deal ever in Texas, private equity firm Blackstone Group has sold it's Austin office properties to Thomas Properties Group inc. for $1.15 Billion Dollars!  The 33 story Frost Bank Tower at 300 W. 6th Street was included in the sale.  The tower has changed hands three times since last September when Equity Properties paid $188 Million for the building which was a state record of $354 per square foot.
Posted in:General
Posted by Heather Brown on March 30th, 2007 4:39 PM


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