Jackson Walker partners Alfie Meyerson and Brian Harris led the representation of Trammell Crow Co. in the sale of the iconic Sail Tower, located at 601 West 2nd Street in downtown Austin. The transaction, valued at $521.8 million, marks the largest office property acquisition in Austin in 2024.
Sail Tower building located at 601 West 2nd Street in downtown Austin, Texas
Completed in 2022, the 35-story, sail-shaped office building is fully leased to Google through 2038. The sale to Cousins Properties, an Atlanta-based real estate investment trust and the largest office landlord in Austin, highlights the continued confidence in Austin’s office market despite rising vacancy rates following the COVID-19 pandemic.
“We are especially proud to have represented Trammell Crow Co. in this matter, since we were involved with this project from the earliest days of development and leasing this renowned building to Google,” said Alfie Meyerson.
In addition to Alfie Meyerson and Brian Harris, the Jackson Walker team included Mahira Khan, and Caroline Capili. For more information about the sale, view articles by Austin Business Journal, Austin American-Statesman, KVUE, My San Antonio, and The Real Deal (subscriptions may be required), as well as the Cousins press release.
Meet Our Team
Alfie Meyerson focuses on all aspects of commercial real estate transactions, including the representation of tenants and landlords in lease negotiations, developers and equity investors in partnership and joint venture agreements, borrowers and lenders in all types of real estate financing, debt restructuring, and workouts of problem loans. He is board certified in commercial real estate law. He is Board Certified in Commercial Real Estate Law by the Texas Board of Legal Specialization. His practice has been recognized by the prestigious Chambers USA Guide, The Best Lawyers in America, Super Lawyers by Thomson Reuters, and Lawdragon.
Brian S. Harris represents landlords, tenants, and commercial property owners in Texas and throughout the United States in complex real estate matters, primarily the acquisition, disposition, management, and leasing of all types of real estate. Brian’s clients regularly include buyers, sellers, developers, real estate investment funds, and real estate investment trusts (REITs).
Mahira Khan focuses on commercial leasing, acquisitions, and dispositions of office, retail, and mixed-use projects. Her practice includes representing buyers and sellers in acquisitions and dispositions of undeveloped property, office buildings, retail centers, mixed-use, and multifamily use properties.
Caroline Capili advises and represents buyers and sellers, developers, landlords, and tenants in all facets of their commercial real estate, including the acquisition, disposition, development, and leasing of multifamily complexes, office and retail space, and undeveloped property.
Meet JW
Since 1887, Jackson Walker has represented some of the most influential companies and business leaders in the world. With more than 500 attorneys, we are the largest firm in Texas and have been recognized by Law360 as a “Texas Powerhouse” and an “elite law firm” that regularly provides counsel to industry-leading clients on highly complex transactions ranging from millions to billions. To explore the Firm’s experience assisting clients with leasing, developing, buying, selling, and operating properties, visit the Real Estate practice page.
