I noticed a few interesting articles that I want to share. Louis
TWO HISTORIC AUSTIN BUILDINGS SOLD
AUSTIN (San Francisco Business Times) – A real estate investment firm with offices in San Francisco and Boston purchased two historic downtown buildings.
DivcoWest acquired the Littlefield and Scarbrough buildings from Heitman LLC. The buildings total about 240,000 […]Continue Reading →
AUSTIN (Marcus & Millichap) – Austin’s commercial real estate sector continues its upward trend, according to a recent report by Marcus & Millichap Real Estate Investment Services Inc.
Some report highlights:
Employment growth here will reach 27,000 jobs this year, expanding payrolls by 3.6 percent, one of the strongest growth rates in the country. The […]Continue Reading →
According to a recent ABJ article the Alamo Draft House located at the intersection of MOPAC and Slaughter Lane West is set to open early in 2012. This sounds like a special theatre with 8 screens each equiped with Sony 4k projectors and Real 3D projection. Seating for over 800 people. Plus a tequila bar […]Continue Reading →
AUSTIN (Marcus & Millichap) – The 172-unit Villas of Quail Creek has been purchased by a fund manager represented by Marcus & Millichap Real Estate Investment Services.
Built in 1983 and located at 9036 North Lamar Blvd. in north Austin, Villas of Quail Creek consists of 14 one- and two-story buildings on 15.1 acres.
The […]Continue Reading →
AUSTIN (Austin Business Journal) – White Lodging Corp. has teamed up with Hyatt Hotels Corp. to develop a 14-story, 296-room Hyatt Place in downtown. Construction is anticipated to take about two years once the project breaks ground next quarter.Continue Reading →
Construction has begun at 9300 Brodie Lane, the site of Brodie Self Storage. This is behind (west) of the Advanced Auto parts on Brodie.
Also Broadway Bank has posted a sign that they are building a new location at the southeast corner of Brodie and Davis Lane.
Pair all of this with […]Continue Reading →
ANTHROCARE TRIPLES CAPITAL CITY PRESENCE
AUSTIN (Austin American-Statesman) – Anthrocare Corp. has signed a 130-month lease for 136,075 sf in two buildings in the Lantana Corporate Center.
The company currently leases 41,000 sf nearby for its headquarters. Once the medical device maker moves into its new facilities, it will have more than […]Continue Reading →
Austin Texas 2014
Austin Texas 2014
The growth in central Texas continues at a fast pace. The 2013 stats are in and year over year sales price and volume are both up, while days on the market are down. Another year of overall improvement for sellers in this region.
The usual seasonal adjustment […]Continue Reading →