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

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New office tower underway at Austin’s Domain

Developers have started work on Domain Tower, an 11-story building that will bring 310,000 square feet of space to market when it opens in early 2018.

Domain Tower will be the first office building at the Domain, which will be at 10721 Domain Drive from. Initial interest is coming from prospective tenants in the technology and […]

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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.

New development bound for Lakeway’s Bee Creek Road

Lakeway City Council approved Nov. 21 the final plat for The Paddocks at Bee Creek, a commercial development including three office or retail buildings totaling 25,000-30,000 square feet, located on 17.56 acres at 4900 Bee Creek Road, Lakeway.

“If all goes well, construction could begin January or February 2017,” said Thomas Reagan, president of Bee Creek […]

REOC Releases 3Q 2016 Office Market Report

The Austin office market remains strong heading into the final quarter of the year with momentum expected to carry sustained activity into 2017.  New leases and expansions generated 782,267 square feet of positive net absorption in the third quarter.  Healthy gains were created by several newly completed Class A properties which came online with significant […]

Engineering firm to build $12M HQ in Round Rock

Performance Services, an Indianapolis-based engineering firm, plans to build a $12 million regional headquarters in Round Rock. The company — which has a track record of working on hospitals, K-12 schools, local government buildings and university facilities — said Nov. 21 it has purchased 16 acres on East Old Settlers Boulevard, near Greenhill Drive, for […]

Diamond Building at Mueller is not your typical commercial space

The first spec office building at Austin’s master-planned, mixed-used Mueller neighborhood, The Diamond Building is in some ways an ode to bohemia with its unconventional zigs and zags. None of the 37,198-square-feet has been pre-leased but that might change overnight — once would-be tenants realize that the views and location are outstanding.

Mueller includes 140 acres […]

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 […]

Austin office tower sold to New York firm for $63 million

Brickman, New York firm, which purchased Lavaca Plaza in 2012 and turned it around in rapid fashion, has re-entered the Austin market with the purchase of this downtown tower known for its reasonable office lease rates in a town where prices are skyrocketing.

Shovels ready for $18M office, industrial park in suburb north of Austin

Brushy Creek Corporate Center aerial with rendering.

More than 231,000 square feet of office and spec industrial space are headed for Cedar Park. Work is set to begin next week on the $18.2 million Brushy Creek Corporate Center, a two-building development on 24 acres near Brushy Creek Road and U.S. Highway 183 in the suburb […]

Ledcor Technical Services moves HQ into North Austin mixed-use project

Ledcor Technical Services recently moved into phase one of the $400 million commercial portion of The Lakes at TechRidge near I-35 and Howard Lane.  Phase I of the mixed-use development is fully leased but construction on Phase II is expected to begin this winter.