The Republic In Austin Leases 165,000 SF To Law Firms Kirkland & Ellis And O’Melveny and Myers

The Republic, a major office tower located at 401 West 4th Street in Austin, consists of 165,000 square feet of office space. Developed by Lincoln Property Company, Phoenix Property Company, and DivcoWest, the property offers unique amenities including floor balconies, a large indoor-outdoor space, and direct access to Republic Square.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Landlord: Clay Duvall - Lincoln Property Company; Blake Pogue - Phoenix Property Company; Stuart Shiff - DivcoWest
• Tenant: Jon A. Ballis - Kirkland & Ellis; Katie Coleman - O’Melveny and Myers

The leasing deal at The Republic involved Jon A. Ballis representing Kirkland & Ellis and Katie Coleman representing O’Melveny and Myers. Despite the competitive office market in Austin, the modern design and amenities of The Republic have attracted tenants, enhancing its occupancy to nearly 50%.