Carr Properties (“Carr”), a leading owner, operator, and developer of premium quality office and residential properties, today announced that it has signed seven lease deals totaling approximately 35,000 square feet at 100 Congress. Carr recently completed an extensive building repositioning at this 22-story office tower in the heart of downtown Austin, Texas, which they co-own with Morgan Stanley.
The leases are a mix of new customers and renewals, including:
- QuinStreet, Inc, a marketing firm that matches online consumers to product and service providers, has leased a 5,302-square-foot new spec suite on the 4th floor.
- Obra Capital, a vertically integrated asset management firm, signed a 3,290-square-foot lease within a new spec suite on the 7th floor.
- TTEC Services Corporation, a leading digital global customer experience technology and services company, has leased a 2,744 square foot new spec suite on the 14th floor.
- Peach Tree Group, a real estate investment firm, signed a 4,884-square-foot lease on the 14th floor as its new office location in Austin.
- Littler Mendelson P.C., a U.S-based labor and employment law firm, renewed its lease on the 14th floor and expanded, now taking a total of 7,497 square feet.
- Durbin Bennett Tax Advisors, Inc., a tax and financial consulting firm, renewed its lease for 5,863 square feet of space on the 16th floor.
- A Texas-based law firm expanded by an additional 6,215 square feet, now occupying a total of 85,079 square feet of space within the property.
The building’s recent leasing momentum is driven by the appeal of its newly remodeled amenity spaces by the global design firm, Olson Kundig. In the summer of 2024, Carr unveiled the design transformation which included the newly revitalized 8,990-square-foot lobby and expanded fitness center and locker rooms.
“Our approach at Carr Properties is centered around investing in and repositioning properties to create places people want to be,” said Kaitlyn Rausse, Senior Vice President, Leasing of Carr Properties. “100 Congress is a prime example of this strategy—an investment that marked our entry into the Austin market in 2021, and through a thoughtful combination of design enhancements and infusing our signature Carr Experience, elevated the property to the Premium Plus asset class.”
In addition to the amenity renovations, Carr also invested in building marketing-leading spec suites across three floors. The spec suites include features such as tall ceiling heights, open floor plans, and high-end modern finishes with advanced technology, lighting, and premium materials, making them a standout in the Austin market. Of the seven spec suites, Carr has pre-leased five ahead of delivery this month.
“We looked at several spec suites in downtown Austin, but 100 Congress stood out from them all,” shared Bre Brown, Vice President of JLL who represented Obra Capital. “The curated elements and high-end finishes were thoughtfully designed, instead of copied and pasted from a standard template. The result is a space that feels more like a custom, hospitality workspace as opposed to a generic office.”
Troy Holme and Katie Ekstrom of CBRE, together with Kaitlyn Rausse and Ryan Lopez of Carr represented the landlord in these deals. 100 Congress now has 104,200 square feet remaining to lease with the largest contiguous block totaling 41,671 square feet on floors five and six with unobstructed lake views.
“The Austin brokerage community and customers alike have noticed how Carr Properties has implemented the Carr Experience at 100 Congress,” said Katie Ekstrom, Senior Vice President of CBRE. “From the Carr signature scent in the lobby and attention to detail every step of the way, 100 Congress has been elevated to an even better address than before.”
Acquired by Carr Properties in 2021, 100 Congress, one of the city’s most prominent downtown office towers, was identified as an ideal candidate for the company’s ‘Premium Plus’ repositioning strategy. This approach targets Class A properties in sought-after locations, elevating them through the infusion of the Carr Experience. By integrating thoughtfully designed amenities, curated engaging moments, and Carr’s signature service philosophy, Distinguished Hospitality, the strategy transforms these properties into the ‘Premium Plus’ category—a distinctive asset class that bridges the gap between traditional Class A and trophy properties.