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

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The Limited to shutter store amid national downsizing

tanger_outletAmid a national downsizing, women’s clothing retailer The Limited is set to close its San Marcos store at the Tanger Outlets mall off I-35 south of Austin.

The closings come as the retailer has been planning to file for bankruptcy and has been laying off employees at its headquarters in Ohio, sister publication the Columbus Business First reports. …Read Entire Post

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More than 1M square feet of commercial space slated in San Marcos project

trace_highpointeTrace, a $475 million mixed-use project with 1,000 homes and hundreds of apartments as well as office and retail space, is set to rise near the outlet malls in San Marcos. Construction is expected to begin this month on the 420-acre project at Posey Road and I-35, south of the mall. …Read Entire Post

Austin: TxDOT breaking ground on I-35 improvements

New construction breaking ground on I-35.

New construction breaking ground on I-35.

The Texas Department of Transportation is breaking ground on its Mobility35 program to add between $4.3 billion and $4.5 billion worth of improvements to I-35 in Central Texas. TxDOT plans to break ground June 29 on I-35 improvements from Stassney Lane to William Cannon Drive in South Austin.

Mobility35, which TxDOT launched in 2011 in partnership with the city of Austin, the Capital Area Metropolitan Planning Organization, and other local leaders and agencies, are planned for 65 miles on I-35 from SH 130 in Georgetown to Posey Road in San Marcos. …Read Entire Post

Three of Top 15 fastest growing U.S. cities located in Austin area

Texas cities are among the fastest growing in the nation according to the latest data released by the U.S. Census Bureau.  For the year ending July 1, 2013, seven of the top 15 fastest-growing cities in the U.S. are in Texas (cities included must have at least 50,000 residents).

Three of the Top 15 are located in Central Texas. San Marcos topped …Read Entire Post

Corvac to revive former American Tire facility in San Marcos

Auto parts maker Corvac Composites LLC, manufacturer of wheel arch liners, under engine covers, belly pans and underbody aero covers, recently announced plans to locate its newest manufacturing facility in San Marcos. The Michigan-based company will lease the former …Read Entire Post

Spec warehouse planned for San Marcos

Houston-based Bearden Management Inc. plans to construct two buildings totaling 162,000 square feet, more than doubling its warehouse inventory in the commercial area along Clovis Barker Drive.

Construction is expected to begin in March to build out the unimproved portion of 27.9 acres owned by Clovis Barker Business Park LP., an …Read Entire Post

Mensor Corp. expands San Marcos manufacturing facility

Precision instrumentation manufacturer Mensor Corp. recently broke ground on a new 45,000-square-foot expansion of its San Marcos facility.  Construction, expected to cost $6.3 million, started next door to Mensor’s current location at 201 Barnes Dr. in the Thermon Industrial Park south of Wonder World Dr.

The new facility will accommodate expected growth.  Mensor anticipates adding 40 employees over the next decade to the 70 already on its payroll.

Mensor makes pressure and temperature measurement and calibration …Read Entire Post

CMI Moulding buys San Marcos facility

Maryland-based CMI Moulding, a picture frame supplier, recently purchased 500 Wonder World Drive in San Marcos to serve as CMI’s 13th U.S. facility and 3rd location in Texas. …Read Entire Post

Texas State poised for boom

Texas State master plan

Millions are being spent to expand the campus of Texas State University, located at 601 University Blvd. in San Marcos.  A sum of $633 million worth of construction is slated to take place in the coming years to accommodate more students.  To learn more about the major projects currently under construction and ready to break ground as well as those in planning stages, check out the Campus Construction page or read Texas State poised for boom (Austin Business Journal, 1-29-10).

New rent-to-own furniture store coming to San Marcos

Easy Home, a company in the merchandise leasing industry, has taken 4,560 square feet in San Marcos Plaza, located at 1023 Hwy. 80 in San Marcos. Travis Waldrop and Sherry Naquin Sanchez, both retail specialists with NAI Austin, represented Easy Home. This is its second location in Texas; Easy Home recently leased 4,890 square feet of space in South Congress Square.

Easy Home offers name-brand home furnishings, appliances and electronics on a rent-to-own basis. The company has over 200 locations in the United States and Canada.

NAI Austin is one of Austin’s most experienced commercial real estate firms and the Austin area representative for NAI GlobalTM, the industry’s largest global network of real estate service-providers, comprising 5,000 brokers in 325 offices serving more than 55 countries worldwide. For more information on NAI Austin, please visit www.naiaustin.com.