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

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Global Medical Acquires Hospital in Austin

Maryland-based Global Medical REIT Inc. has acquired Central Texas Rehabilitation Hospital, a 59,000-square-foot healthcare property located at 700 W. 45th St. in Austin, for roughly $40.6 million. The inpatient hospital features 50 beds and is leased to a joint venture between subsidies of healthcare providers Kindred Healthcare and Seton Healthcare.

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Reported mega-deal Acquisition by Brandywine

Real Estate Alert, an insider real estate publication, reports that Brandywine Realty Trust and its Austin portfolio partner, DRA Advisors LLC, will sell five office properties in their joint venture to Starwood Capital Group, a Connecticut-based investment company.

Local Resident to Develop Class A Office Property in Austin

Austin resident Michael Ayer will develop Davenport 360, a 33,911-square-foot, Class A office property that will be located at 6001 Bold Ruler Way along Capital of Texas Highway in Austin. The property will be situated near local retail and restaurant options and offer employees a three-level parking garage. The developer plans to break ground as […]

42,000 SF Medical Office coming to Austin Metro

Perardi Development will build Medical Towers at Bee Cave II, a 42,000-square-foot medical office property located at the corner of RM 620 and State Highway 71 in the Austin metro of Bee Cave. Scheduled to break ground later this month, the project follows the completion and pre-leasing of the 23,000-square-foot Medical Towers at Bee Cave. […]

Pharma giant gets state incentives to build IT hub in Austin

The New Jersey-based pharmaceutical giant will receive $6 million from the Texas Enterprise Fund, according to a Monday announcement from Gov. Greg Abbott.

Westlake set for new office building

Davenport 360, a 33,911-square-foot Class A office building slated for about a 3.4-acre tract at 6001 Bold Ruler Way, Austin, is on target to open next summer.

New supermarket in store for downtown Austin

A mixed-use project planned for Seventh and Trinity streets has carved out 27,109 square feet for a grocery store. That would make it the largest grocery store on the east side of downtown Austin.

Although specifics are sparse, we can speculate about what type of grocery store might occupy the space. One possibility is a 365 […]

New $45 Million Home for Travis County Prosecutors

Named after the longstanding district attorney, the Ronald Earle Building is under construction at 416 W. 11th St. Austin DA building construction 2017

The seven-story, 125,007-sf structure, which includes underground parking, is scheduled to be finished in spring 2018. The total cost of the project is $45 million. The building will primarily serve county prosecutors.

Austin Oaks in limbo as it awaits zoning approval

Austin City Council has postponed consideration of a planned unit development rezoning that would transform a Northwest Austin office park into a mixed-use center with offices, stores and apartments.

City Council was slated to vote a second time on the Austin Oaks rezoning at its March 2 meeting. But a long debate on the planned Plaza […]

Plaza Saltillo won final zoning approval from city council

The deal sets a building height limit of 70 feet for the entire project, which sits on about 10 acres along Capital Metro train tracks, but Endeavor could exercise the option to build a 125-foot office building.

Ten acres around the Plaza Saltillo train stop will soon go vertical after a mixed-use project won final zoning […]