Third + Shoal (Under Construction)
Size: 345,000 square feet
Year Built: 2017-2018
Third + Shoal is a new office development located within the Austin CBD submarket and the heart of the “New Downtown” district, surrounded by first-class restaurants, entertainment, and residences. The 29-story, 345K SF building features floor-to-ceiling glass windows and breathtaking views of Lady Bird Lake and the Austin Hill Country. Just steps away from the Lance Armstrong Bikeway, Shoal Creek Trail and the Lady Bird Lake Hike and Bike Trail, Third + Shoal offers all of the abundant lifestyle amenities required by today’s discerning tenants. Construction is currently underway with an anticipated shell completion date of 3Q’18.
TIER REIT owns 47.5% of Third + Shoal in a strategic joint venture with Invesco Real Estate (47.5%), in addition to Cielo Property Group (5%).