Austin

Canyon Creek Acquires One Eleven Congress in Downtown Austin

August 06 2 min read

Stream Realty Partners Continues Leasing Assignment and Expands Services to Include Property Management 

AUSTIN, TX – August 6, 2026 – Canyon Creek Real Estate, a real estate investment firm specializing in Class A office buildings, has acquired One Eleven Congress, a 533,711-square-foot office tower located at 111 Congress Avenue in Downtown Austin. The acquisition marks Canyon Creek’s entry into the Austin market as the firm seeks to grow its portfolio in the region. 

Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, will continue to provide leasing services for One Eleven Congress while expanding its role to include property management. Stream Regional Managing Director of Property Management Amanda Coupe will lead the property management assignment, while Managing Director Rachel Coulter will continue leading leasing for the property.  

“One Eleven Congress is a well-established and highly regarded property that provides Canyon Creek with an exceptional entry into the Austin market,” said Ron Welborn, Partner at Canyon Creek. “We are excited to build upon the property’s strong reputation by enhancing the tenant experience and creating an environment that continues to meet the evolving needs of both existing and future tenants. We also look forward to continuing to invest in Austin as we identify additional opportunities to grow our portfolio.” 

One Eleven Congress is a 30-story office tower situated at the gateway between Austin’s Central Business District and the waterfront. Its location provides direct access to the city’s business core while remaining steps from Lady Bird Lake, the hike-and-bike trail, restaurants, hotels, and entertainment. 

The surrounding area continues to experience significant investment and renewed momentum through projects including Waterline, Confluence, the Rainey Street District, new hospitality developments, and public realm improvements that are further connecting Downtown Austin to Lady Bird Lake. 

“We are excited to expand our relationship with Canyon Creek at One Eleven Congress through Stream’s property management services while continuing to support the property’s leasing efforts,” said Coupe. “One Eleven Congress is one of Austin’s most recognizable and sought-after business addresses, and we look forward to partnering with Canyon Creek to build upon the property’s strong foundation. Guided by our hospitality-led approach to property management, our team is focused on delivering an exceptional tenant experience while supporting the property’s continued long-term success.” 

The property features panoramic views of Downtown Austin, Lady Bird Lake, and the Texas Hill Country, as well as a food hall with seven local eateries and two bars. Additional amenities include a conference center, fitness center, bank with an ATM, 24-hour security, and controlled building access. 

For more information, contact Stream Austin at 512.481.3000.  

About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment, and development services. This includes tenant and landlord representation; Legendary CX property management; capital markets; investment management and sales; construction & project management; manufacturing, food & beverage, and distribution; workplace strategy; strategic marketing; and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,550 professionals and now completes annual transactions valued at more than $11.5 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedInInstagramX, and Facebook.

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Rachel Coulter

Managing Director Contact

Amanda Coupe

Regional Managing Director, Property Management Contact