REOC Austin
Commercial Real Estate Since 1975


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

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Travis County puts prime downtown Austin block back on the market

After voters last November rejected a $292 million bond measure to fund new construction, county officials apparently decided to sell the highly coveted location — currently a surface parking lot at 308 Guadalupe St.

The 77,215-square-foot site is one of the few remaining vacant parcels in downtown Austin that’s available for significant development. A key element: […]


Lamar Central grows

New additions to Lamar Center are now almost full.

The new Lamar Central development is nearly full following a few recent additions. The mixed-use project at 3800 N. Lamar Blvd. is already home to the corporate headquarters for Austin jeweler Kendra Scott, as well as Westlake Dermatology and Snooze, a breakfast-focused restaurant.

Now, Campagna Napoli and […]

204,000-SF office/flex building flies off the market in Southeast Austin

204,000 SF office/flex space, 6800 Burleson Rd.

A 204,346-sf office/flex building has been sold. The seller was DivcoWest Real Estate Services Inc. 

The building, which sits on 18.9 acres, is located at 6800 Burleson Rd., near Austin-Bergstrom International Airport.

The property, which was built in 1985 and renovated in 1995, was originally part of the former Lockheed Martin campus.

The […]

Cielo moves ahead with innovative East Austin project with City Council's approval

Rendering of the The Foundry at 310 Comal St. in Central East Austin.

Cielo Property Group is expected to break ground on The Foundry, an office and residential condominium project at 310 Comal St. The 95,444-sf development will include 78,324 sf of creative office space and 17 for-sale condo units.

Additionally, Cielo is trading property at 1409 and 1411 E. […]

Highland Resources has a jewel on its hands with Lamar Boulevard makeover

Lamar Central, 3800 LamarImage courtesy of Xceligent

The new mixed-use building at 3800 Lamar Blvd. has been in the planning stages for a decade, but it probably doesn’t seem like it’s been underway that long.

The curved glass structure now dominates a major intersection in Austin’s medical district and some prominent tenants have signed […]

WeWork to take big space at office project near downtown, document shows

WeWork Companies Inc., which has operated a downtown co-working space in Austin since February, is listed as a future tenant of the University Park project north of downtown but company officials aren’t confirming any details.

The eight-story project, which is at 3300 N. I-35 and adjacent to the University of Texas campus, includes nearly 50,000 square […]

More popular Austin eateries head to Burnet Road redevelopment

6555 Burnet Rendering courtesy of Endeavor

Burnet Road is alive with renovated strip centers that cater to local food and service chains. The latest is 6555 Burnet Road where nearly 14,000 square feet of retail is arriving on the market, including two popular Austin restaurants, Barley Swine and Bufalina Due, which are scheduled to open […]

University of Texas Dobie Center sold, report says

2021 Guadalupe

New York investment giant The Carlton Group has sold the 27-story Dobie Center student housing tower near the University of Texas campus to a California group.

GlobeSt., a real estate trade publication, first reported the story earlier Thursday.

Fowler Property Acquisitions in San Francisco is the buyer.

GlobeSt. reports that the 979-bed property, which includes retail […]

Highland Mall soon to be college campus

Highland Mall

ACC seeks to maintain regional value for closing shopping center

Contrary to popular belief, Highland Mall is still open—but not for long.

Austin’s first regional indoor shopping center closes to consumers April 30 after 44 years to make room for Austin Community College’s expanding Highland Campus, which debuted last fall in the former JCPenney building. […]