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

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With Golfsmith’s demise, Golf Galaxy steps into void

Austin-based retailer Golfsmith is history, the victim of bankruptcy, but a number of its former stores have been scooped up by a competitor, Golf Galaxy.

That includes one of Golfsmith’s two Austin locations, at 10001 Research Blvd. in the Arboretum area. Following a remodel and sign swap-outs, it debuted this month, becoming the first Golf Galaxy […]

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GSAM Private Real Estate Acquires Two-Building Office Complex

Goldman Sachs Asset Management (GSAM) Private Real Estate has purchased Quarry Oaks I and II, a two-building office complex located at 10900 Stonelake Blvd. in Austin. Principal Real Estate Investors sold the 292,421-square-foot complex for an undisclosed price. At the time of sale, the property was 100 percent leased to tenants including Forepoint, Microsoft Corp. […]

$114M sale of Oaks at Lakeway completed

After its attempt to sell The Oaks at Lakeway retail center fell through last year, Stratus Properties Inc. returned to the negotiation table. Its efforts paid off earlier this month with the successful sale of the property to the same buyer who previously experienced cold feet.

TA Realty of Massachusetts, through an affiliate named FHF I […]

The Holdsworth Foundation will make its HQ on 44 acres along Lake Austin

The foundation selected the site, on RM 2222 just east of Capital of Texas Highway, because of its scenic beauty and relative isolation, the Austin American-Statesman reports. The land is a prime swath of lakefront property.

The Holdsworth Center, a training institute for Texas public school administrators, will sit on 44 acres near RR 2222 and […]

RD Management Acquires Shops at Tech Ridge

Tech Ridge mixed-use property.

RD Management has acquired Shops at Tech Ridge, for an undisclosed price. Excluding the recently vacated Target store, the 504,153-square-foot property is 96 percent occupied. Since purchasing the property, RD Management has signed a lease with Floor & Décor for 77,958 square feet of space in the former Target store.

CSW Development Sells Office Property

Linda Scott-MyStatesman.com

CSW Development has completed the disposition of an office property located at 2711 W. Anderson Lane in Austin. Paydar Properties Inc. acquired the two-story, 29,000-square-foot property for an undisclosed price. The buyer plans to redevelop the property into 27 Eleven, a mid-rise multifamily and mixed-use development in the near future.

Click here to read […]

BH Properties Buys Former Golfsmith HQs

Los Angeles-based BH Properties has acquired the former Golfsmith International Holdings Inc. headquarters facility in Austin out of Golfsmith’s bankruptcy liquidation process for $20.5 million.

Mothers’ Milk Bank scores bigger HQ in Austin

Mothers’ Milk Bank at Austin — the largest distributor of human milk in the country — is preparing to move into a property it purchased last year at 5925 Dillard Circle near the Austin Community College campus at the former Highland Mall.

Austin developer buys downtown IHOP site

The IHOP at Interstate 35 and East Cesar Chavez Street was acquired late last year by WC 707 Cesar Chavez LLC, an entity the Texas Secretary of State says is linked to World Class Capital Group.

A purchase price was not disclosed. The Travis Central Appraisal District valued the .77-acre site at 707 E. Cesar Chavez […]

Two Properties at The Domain change hands

Domain 7 of The Domain.

Domain 2 and Domain 7 have been acquired by Dallas-based Tier REIT, Real Capital Analytics reports. Endeavor Real Estate Group was backed by Shorenstein Properties in the development of Domain 7, which was just purchased by Tier REIT, a Dallas company.