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Drawbridge Signs Younicos to 7-Year Lease

3100 Alvin Devane

3100 Alvin Devane

San Francisco-based Drawbridge Realty has signed a new seven-year lease with Germany-based Younicos AG for approximately 32,500 square feet at 3100 Alvin Devane in Austin. The company will use the space as its U.S. headquarters and product-demonstration location.

“This lease demonstrates the need for a well-designed functional office/R&D space that is five minutes from Bergstrom International Airport and downtown Austin,” says Chris Elmendorf, vice president of investments for Drawbridge.

Drawbridge Realty started a multimillion-dollar redevelopment of the 71,375-square-foot building in December, with completion originally scheduled for this month. The redevelopment converts a former industrial flex building into a modern office space.

The project was designed by LEVY Architects with Structura Inc. as the general contractor.Kevin Granger and Matt Frizzell with Peloton Commercial Real Estate are marketing the project on Drawbridge’s behalf.

Click to read entire article: Drawbridge Signs Younicos to 7-Year Lease (GlobeSt., 05-05-15)

 

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