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Kim Gatley
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enior Vice President & Director of Research at REOC Austin

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Aldi sets opening date for first Austin-area store

aldi_present_logoAldi has set an opening date for its new store in Pflugerville – the discount grocer’s first location in the Austin area. The store, at 1415 FM 685, will make its debut Nov. 2, the chain said Monday.

Aldi, which traces its roots back to Germany, is in the midst of a major U.S. expansion. It currently has 1,600 stores nationwide and expects that number to grow to 2,500 by 2022. …Read Entire Post

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Another aspiring tech disruptor hits Austin

callboxA North Texas company with a disruptive take on storage is expanding to Austin with a 40,000-square-foot lease of warehouse space.

Callbox Storage LLC recently signed for the space in Pflugerville, off Howard Lane east of I-35. The company did not want to reveal the exact location, citing security concerns. It provides on-demand storage, picking up customers’ items — from holiday decorations to extra furniture — and moving them to a centralized location for safekeeping. …Read Entire Post

$20M Facility Coming to Pflugerville

Flooring Services Southwest is relocating its Central Texas headquarters from Austin after closing on a 30-acre tract in the southern portion of the Commerce Center. The company bought the property from the Pflugerville Community Development Corporation, an economic arm of the city that receives funding through a portion of city sales tax revenue. …Read Entire Post

Two companies select Austin suburb for regional HQs

pflugervilleMore than 100 jobs and $8.8 million in capital investment are headed to Pflugerville after officials approved incentive agreements to lure two regional headquarters to the suburban city just north of Austin. …Read Entire Post

Health care system plans to build Pflugerville's first hospital

BSW_HealthBaylor Scott & White Health has submitted a proposal to construct a facility at 2600 E. Pflugerville Parkway on 149 acres next to the Falcon Pointe subdivision, Community Impact reports. Pflugerville City Council rezoned the land, near State Highway 130 toll road and East Pflugerville Parkway, in October. …Read Entire Post

Thorofare Funds Pflugerville Center

Pflugerville West Shopping Center

Pflugerville West Shopping Center

Los Angeles-based portfolio lender Thorofare Capital has funded a $7.7 million floating rate commercial mortgage for the acquisition of Pflugerville West Shopping Center, a 67,150-square-foot retail center located at 15424 FM 1852 in Pflugerville.

The sponsor, a Virginia-based private investor with a long history of value-add retail and multifamily projects throughout Texas, acquired the property in a marketed transaction for $131 per square foot, representing a going-in cap rate of 9.5 percent, according to Thorofare’s executive vice president of origination, Felix Gutnikov, who structured and negotiated the financing. …Read Entire Post

Class-A office space coming to SH 130 in Pflugerville

The Pflugerville City Council approved a land sale by the city’s development corporation on June 10, paving the way for about 130,000 square feet of class-A office space at the 130 Commerce Center.

The sale will add more businesses to the rapidly expanding business development area located on the southwest corner of SH 130 and Pecan Street. It also marks the first class-A office space to come to the SH 130 corridor, according to a news release.

…Read Entire Post

El Lago to move tortilla chip factory to Pflugerville

Pflugerville will soon be the new home for El Lago Mexican Foods Inc.  In August, El Lago will move its manufacturing and distribution operations from its current tortilla chip factory at 1700 E. Fourth Street situated east of downtown Austin into 24,000 square feet at Pecan 130 Business Park.

The 120,000-square-foot building situated within the 130 Commerce …Read Entire Post

FedEx plans $33M expansion in Pflugerville

FedEx Ground will expand and consolidate its offices into a new $33 million, 250,000-square-foot building at 130 Commerce Center in Pflugerville.

The expansion will move the company’s existing offices from a 50,000-square-foot building on Pflugerville’s Royston Lane and make the new location the largest FedEx Ground facility in Central Texas.

The 130 Commerce Center, which sits at the corner of SH 130 and …Read Entire Post

MTech moving to new facility in Pflugerville

Mtech-VanMTech, a local commercial heating, ventilation, air conditioning, electrical and plumbing services company, is planning to move its headquarters from Park 96 at 9601 Dessau to Pflugerville.  Construction on MTech’s new 33,000 square-foot facility is expected to start immediately.  The $3.5 million building will be located at 1720 Royston Lane in Pflugerville.  …Read Entire Post