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

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Haverwood partners with OakPoint to purchase two Austin office buildings

Continental & Briarcroft

Continental & Briarcroft

Two Class B Austin office buildings were recently purchased by locally-based Haverwood Management in partnership with Nashville, Tennessee-based OakPoint Properties.  The Continental Building (58,700 sf), located at 9101 Burnet Road, was reportedly 85% occupied at the time of sale.  Likewise, the Briarcroft Building (63,825 sf), located at 12710 Research Blvd, was also 85% occupied.  …Read Entire Post

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Austin software developer Zilliant to move HQ downtown

Perry Brooks Building

A local software company plans to leave Southwest Austin (Barton Creek Plaza) and move its headquarters downtown next year to accommodate more employees.  Price optimization software developer Zilliant Inc. plans to take 24,000 square feet at 720 Brazos St.— or the entire sixth floor of the Perry Brooks Building— in spring 2013, company officials said in a news release.  The new space will allow the company to increase its workforce by 25 percent, Zilliant officials said.

Click to read entire article: Austin software developer Zilliant to move HQ downtown (Austin Business Journal, 11-12-12)

Colina West offices sold

Colina West

A local property investor has bought a large Class B office building in Northwest Austin. The deal is one of the largest this year in the local office market.  Aspen Growth Properties Inc. sold the 68,639-square-foot Colina West property to MM Value Investment Co. LLC, a group headed by local investor Mark McAllister.

Click to read entire article: Colina West office sold (Austin Business Journal, 9-9-11)

Colina West is located at 8834 Capital of Texas Hwy.