The asset involved in this transaction is an office property located at 3601 South Congress Avenue in the Austin market. The building has a total square footage of 30,821 and is part of a 228,000 square foot mixed-use property at the Penn Field Campus, which is currently 93% leased and accommodates various tenants from tech, media, and entertainment sectors.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Lease Term: 11 years
• Landlord: David Thompson - Creative Media and Community Trust Corporation (CMCT)
• Tenant: Michael F. Mahoney - Boston Scientific
• Broker: AQUILA Commercial

This transaction features David Thompson representing the landlord, Creative Media and Community Trust Corporation (CMCT), in signing an 11-year lease with tenant Michael F. Mahoney from Boston Scientific. The deal emphasizes the ongoing activities within Austin’s SoCo District, highlighting the dynamics of the local commercial real estate market.