The Austin Business Unit of Trammell Crow Company (TCC) and Principal Real Estate Investors announce that Heritage Title Company of Austin, Inc. (Heritage Title Company) has signed a lease for 20,459 square feet at Indeed Tower, which is currently under construction at 200 West Sixth Street in Downtown Austin. The company, which provides title insurance and settlement services, will occupy part of the tower’s 20th floor when it moves in next summer.
“Upon completion, Indeed Tower will be one of the premier office buildings in the Austin market. With its prime 6th Street location, exceptional building design and unmatched amenity base, Indeed Tower will truly raise the bar,” said Brad Maples, Principal of TCC Austin. “We are proud to add Heritage Title Company to our growing roster of tenants in the project and look forward to welcoming their employees to their new home next year.”
Troy Holme, Casey Ford and Katie Ekstrom of CBRE represented ownership in the deal, while Derek Lewis and Todd Gilfillan of Lincoln Property Company represented the tenant.
“Heritage Title Company has enjoyed a strong relationship with Trammell Crow Company for several decades, so we know the quality orientation of TCC projects,” said Gary Farmer, President of Heritage Title Company. “We are confident that Indeed Tower will provide a tremendous setting for our clients and our employees. The bold design and rich amenity package offered to tenants will make Indeed Tower the perfect home for Heritage Title Company for many years to come.”
Construction on Indeed Tower, formerly known as Block 71, began in October 2017 and is scheduled to be completed during the first half of 2021. The Class AA office building will rise 36 stories and includes 673,000 square feet of office space, 35,000 square feet of retail space within the converted historic Claudia Taylor Johnson post office building and ground floor areas, and 17,000 square feet of outdoor urban greenspace.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2020, TCC had $14.8 billion of projects in process and $5.9 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2019 revenue).
