Jackson Walker LLP Leases 110,000 Square Feet At The Republic In Downtown Austin
401 West 4th Street
Building Size
110,000 SF
Asset Type
Office
Closing
Oct 22, 2026
About this deal
AI
The Republic is a newly built 48-story office tower located at 401 West 4th Street in Austin, TX, offering a total of 110,000 square feet of office space. The property is under lease by law firm Jackson Walker LLP, which will occupy three mid-level floors within the building.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 401 West 4th Street
- Market: Austin, TX
- Asset Square Footage: 110,000
- Landlord: Stuart Shiff - DivcoWest; David Binswanger & Clay Duvall - Lincoln Property Company; Phoenix Property Group
- Tenant: Michelle Moore Smith - Jackson Walker LLP
- Broker: CBRE
CBRE represented the tenant, Jackson Walker LLP, in this leasing transaction. The property is owned by a partnership comprising DivcoWest, Phoenix Property Group, and Lincoln Property Company, which is also involved in handling the leasing aspects of the building.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93