Lincoln Property Co., Kairoi Complete 74-Story Waterline Mixed-Use Tower in Downtown Austin
Why this matters
Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. San Antonio industrial demand along the I-35 corridor has been driven by spillover from the larger Texas Triangle gateways. Multifamily fundamentals are steady. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.
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On the RET wire
- The 18th San Antonio story tracked on the wire in August 2026. All San Antonio coverage →
- Disclosed mixed use deal value tracked in August 2026: $1.1B across 10 reported transactions. All Mixed Use coverage →
- 17 stories mentioning Lincoln Property on the wire in the past 90 days. Lincoln Property coverage →
Computed from Real Estate Trail’s own tracked coverage
AUSTIN, TEXAS — A partnership between Dallas-based Lincoln Property Co. and San Antonio-based Kairoi Residential has completed Waterline, a 74-story mixed-use tower located at 98 Red River St. in downtown Austin. Acco…
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