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

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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. […]

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$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 […]

Travis County negotiates with developers

County commissioners unanimously voted Tuesday for staff to begin negotiating with one of five unidentified real estate development firms to sell the 300 block of Guadalupe Street just south of Republic Square Park in the heart of downtown Austin.

The property is currently home to a parking lot and, occasionally, a food trailer. But it was […]

Events company plans to rehab 70-year-old North Austin building

Red Velvet Events relocating headquarters into old Austin building.

Red Velvet Events plans to breathe new life into a 70-year-old, 11,579-square-foot building at 7121 N. Lamar Blvd., and is planning a major renovation project to transform the space into the company’s new headquarters.

November surges with home sales

Central Texas home sales soared nearly 16 percent in November over the same month last year, keeping the Austin area on track for a sixth straight year of record volume, according to the Austin Board of Realtors.

In its latest report, the board said 27,107 houses have been sold through the end of November, 3.7 percent […]

SXSW affiliate plans 12-story office tower for corporate HQ

Plans have been submitted for an office tower at 1400 Lavaca St. and public documents show that the developer is affiliated with South By Southwest. The property is described as a “corporate headquarters” in public records.

According to city documents, CZ Properties, an affiliate of South By Southwest, intends to demolish this building at 1400 Lavaca […]

M&M Arranges Sale of Shopping Center in Austin

Marcus & Millichap has arranged the sale of Oak Hill Centre, a 43,261-square-foot retail center in Austin. Michael Buckner and Richard Mireles of Marcus & Millichap represented the seller, a Texas-based limited partnership, and procured the buyer, another Texas-based limited partnership. Built in 1984, Oak Hill Centre is located at the intersection of William Cannon […]

Austin tops Dallas in national real estate development report

This week’s Fall Meeting of the Urban Land Institute is Dallas’ chance to shine with tours and events planned across the city. But when the highly anticipated annual survey “Emerging Trends in Real Estate” was released Wednesday morning, Austin claimed the coveted top spot for best overall real estate investment and development opportunities in the […]

Stratus sells HEB-anchored retail center in $114M deal

Stratus Properties Inc. has inked a blockbuster deal to sell its new HEB Grocery Co.-anchored retail development in Lakeway for $114 million. The buyer of the Oaks at Lakeway is TA Realty LLC, a private real estate investment company headquartered in Boston with offices on the West Coast.

HEB Grocery Co. is the anchor tenant at the […]

95 acres near Austin airport to be transformed into industrial space

Trammell Crow Co. and Clarion Partners announced Monday that they will jointly build Park 183 — a nearly 1 million-square-foot industrial park at the southwest corner of U.S. Highway 183 and Burleson Road in Southeast Austin.

Park 183 ultimately will include seven buildings at the southwest corner of U.S. Highway 183 and Burleson Road. Construction will […]