Continental General Insurance Expands with Key Austin Acquisition

Deal News | Aug 13, 2025 | Olshan Frome Wolosky LLP

Continental General Insurance Expands with Key Austin Acquisition

Continental General Insurance Company has successfully acquired two premier office buildings in Austin, Texas, further expanding its operations in what is considered a key growth market. The 235,000-square-foot property at 11001 Lakeline Boulevard will become the company’s headquarters, marking a significant step in the firm's strategic expansion. The legal advisory for this acquisition was provided by Olshan Frome Wolosky LLP, with Eric Goldberg, Co-Chair of their Real Estate Law Practice, leading the effort. This move not only underscores the dynamic nature of the Austin real estate market but also highlights Continental General Insurance's commitment to establishing a significant presence in the region.

Sectors

  • Real Estate
  • Insurance
  • Legal Services

Geography

  • United States – The acquisition took place in Austin, Texas, USA, which is a significant geographical area for real estate investments.
  • Austin, Texas – A prominent city in Texas, USA, known for its thriving real estate market and economic growth.

Industry

  • Real Estate – The acquisition involves significant real estate transactions, focusing on prime office buildings in Austin, Texas.
  • Insurance – Continental General Insurance Company is growing its footprint, emphasizing its strategic position within the insurance sector.
  • Legal Services – Olshan Frome Wolosky LLP played a crucial role by providing legal advisory services for the acquisition.

Financials

    Participants

    NameRoleTypeDescription
    Continental General Insurance CompanyBuyerCompanyAn insurance company that acquired two office buildings in Austin to establish its new headquarters.
    Olshan Frome Wolosky LLPLegal AdvisorCompanyA law firm that represented Continental General Insurance Company in the acquisition.
    Eric GoldbergCo-Chair, Real Estate Law PracticePersonLead advisor from Olshan responsible for the transaction.
    Melody SchorReal Estate AssociatePersonReal estate associate at Olshan who assisted with the transaction.
    Sari KreutzerReal Estate AssociatePersonReal estate associate at Olshan who assisted with the transaction.