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AUSTIN, TEXAS — Clarion Partners LLC has acquired Las Cimas IV, a 138,008-square-foot office building in Austin’s Southwest submarket. Constructed in 2008, the five-story structure is located at 900 S. Capitol of Texas, in proximity to Loop 360 and Bee Cave Road. The property, which features a two-story lobby and on-site showers, was 93.5 percent occupied at the time of the sale. Clarion Partners is a New York-based real estate investment firm with approximately $30 billion in total real estate assets under management.