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TRS Texas sells 198K-sf HQ building

Austin Real Estate News

Smart Austin Concierge

October 11, 2022

​​AUSTIN – The Teacher Retirement System of Texas (TRS) has sold its
headquarters building.

The 198,972-sf facility is on 3.8 acres at 1000 Red River St.

TRS will continue occupying the ​building until its new headquarters opens in
2024.​

Austin Real Estate Acquisitions LLC acquired the property for $108 million.​

Source

Commercial, Construction, Daily Brief, Developments, Local News, Real Estate & Construction, Residential

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Discover the latest in Austin's real estate with our Sunday Special: from groundbreaking projects like Eanes ISD's new facilities and the stylish Avery Ranch Golf Club Cart Barn, to the transformative Seabrook Square II aiming to tackle homelessness with 60 new supportive housing units. Uncover the developments poised to reshape Austin's landscape and how they reflect our city's commitment to growth and compassion. Click through for the full scoop on these exciting ventures and find out how you can be part of Austin's vibrant real estate scene.
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"Create an uplifting and hopeful digital artwork for an article about Seabrook Square II in East Austin, depicting a vibrant community coming together to support a new housing development for the chronically homeless. The image should feature a modern, welcoming building with 60 units, surrounded by green spaces and communal areas where residents and neighbors gather. Include visual elements that symbolize hope, such as a sunrise or an open door, and integrate symbols of Austin's unique culture, like music notes or the city skyline in the background. The artwork should convey a message of inclusivity, recovery, and the transformative power of providing a stable home, reflecting the project's commitment to mental health care, substance use treatment, and case management services."
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