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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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Facebook takes another big bite of downtown Austin with major lease

Facebook Inc. is reportedly poised to massively expand its presence in downtown Austin, with another office inside of a gleaming skyscraper.

The social media behemoth plans to lease more than 230,000 square feet inside Third+Shoal, the 29-story tower being built at 208 Nueces St., the Austin American-Statesman reports.

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Another aspiring tech disruptor hits Austin

A North Texas company with a disruptive take on storage is expanding to Austin with a 40,000-square-foot lease of warehouse space.

Callbox Storage LLC recently signed for the space in Pflugerville, off Howard Lane east of I-35. The company did not want to reveal the exact location, citing security concerns. It provides on-demand storage, picking up […]

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 […]

UT regents ink first real estate deal with Merck at Dell Medical School

The first steps in a real estate presence at the Dell Medical School at the University of Texas will be taken during a board of regents meeting.

Consent agenda item No. 35 on the University of Texas System regents’ docket authorizes a lease to Merck Sharp & Dohme Corp. at the UT Austin Health Discovery building […]

Google gobbles up more space in new downtown Austin high-rise

Google leasing an additional 100,000 sqft.

Google is growing its downtown Austin footprint, even before its first employees set foot in the company’s new space in the sleek new office tower called 500 West 2nd.

Google’s new space will consolidate employees from other locations, including North Mopac Boulevard (Loop 1) and University Park just north of […]

Brew pub inks lease in downtown Austin garage

Austin City Council approved Thursday a 60-month lease with Easy Holly LLC for 3,580 square feet of at 417 Red River Street, inside the city-owned garage that is catty-corner to the convention center. Austin City Council has approved a 60-month lease with a brew pub for space inside the Austin Convention Center parking garage.

Summit at Rivery adds tenants as city acts on retail plan

The Summit at Rivery Park, the 32-acre mixed-use development between Rivery Boulevard and Williams Drive, will see new locations for Orangetheory Fitness and Woops BakeShop open by the fall, according to the companies.

The boutique retail development’s owner expects to add several more tenants before the end of 2017, including a brick-oven pizza restaurant, according to […]

Stantec to move north for new Austin HQ

Stantec, the international engineering and design company, will occupy most of the new Diamond Building at Mueller. The move to 26,000 square feet at 1905 Aldrich St., expected to be completed by the end of the year, will house the majority of Stantec’s 150 Austin employees and allow for expansion to as many as 200.

Retail Parke hits rental market

For people who never venture up to Cedar Park about 30 minutes north of Austin, they might be surprised to learn that one of the largest retail developments in the area recently opened.

The Parke has added 400,000 sf of shops and restaurants to one of the area’s fastest-growing suburbs. The property is located on a […]

REOC Releases 4Q 2016 Office Market Report

The Austin office market finished strong in the final quarter of the year with plenty of momentum heading into the New Year. New leases and expansions generated 567,035 square feet of positive net absorption in the fourth quarter.

No new office space was delivered in the fourth quarter keeping the year-end total at nearly 779,000 square […]