Category Archive: Austin Commercial Real Estate

Austin, Texas Commercial Real Estate

Jul 20

Office Property near Mueller Sold

Mark Pustka with McAllister & Associates recently sold an office property near Mueller. 1310 E 51st, an office building on about 1/2 acre that has long operated as the local headquarters for the Mechanical Contractors Association of Austin.  A local, private investor purchased the property. The property’s asking price totaled $975,000.  The Buyer’s plans have …

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Permanent link to this article: http://atxre.com/office-property-near-mueller-sold/

Jul 13

13 acre Affordable Housing Site Sold in NE Austin

Mark Pustka and Joe McAllister with McAllister & Associates recently sold a 13 acre affordable housing site in Austin.  The parcel’s location is in the 7600 block of Old Manor Rd near Springdale Road in NE Austin. Rise Residential Development purchased the property and represented themselves in the transaction.  They plan to construct a 264 …

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Permanent link to this article: http://atxre.com/13-acre-affordable-housing-site-sold-ne-austin/

Dec 07

2017 Austin Market Forecast by Urban Land Institute

Trends

Austin Market Forecast 2017 The 2017 Urban Land Institutes’ Emerging Trends in Real Estate has been released.  Austin sits atop their list of Markets to Watch.  This annual report analyzes data gathered by surveys conducted by the Urban Land Institute. Categories examined by the report include Overall Real Estate Prospects for Investment and Development opportunities …

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Permanent link to this article: http://atxre.com/2017-austin-market-forecast-urban-land-institute/

Oct 20

Austin Tech Sector is focus of Office Market in third Quarter 2016

Tech Sector focus of current Austin Office Market According to Jones Lang Lasalle’s High Technology Outlook report the tech sector remains the top industry for real estate expansion in the U.S. Over the past two years it is estimated that 25% of leasing activity across the country is attributable to the tech market. Austin is …

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Permanent link to this article: http://atxre.com/austin-tech-sector-is-focus-of-office-market-in-third-quarter-2016/

Sep 23

Austin Industrial Vacancy Near Historic Lows

Austin Industrial Vacancy at 6.7% as of the Second Quarter of 2016 Austin Industrial Vacancy near Historic Low. City wide Industrial vacancy in Austin stands at 6.7% as of the end of the second quarter in 2016, a low that hasn’t been seen since the late 1990’s. Three Austin sub markets have vacancy less than …

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Permanent link to this article: http://atxre.com/austin-industrial-vacancy-near-historic-lows/

Aug 29

4500 Nuckols Crossing Multifamily Land For Sale

4500 Nuckols Crossing Land For Sale

Multifamily Land For Sale at 4500 Nuckols Crossing, Austin, TX 78744 27 acres of Multifamily Land For Sale in southeast Austin!  This property is in a great location for apartment development.  Currently three multifamily complexes are located in the area. Woodway Village, Rosemont at Williamson Creek and King Fisher Creek apartments. The site is easily …

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Permanent link to this article: http://atxre.com/4500-nuckols-crossing-multifamily-land-sale/

Aug 25

South Lamar Office Space Available For Lease

3901 South Lamar

South Lamar Office Space Available. Currently there are two suites available for lease at the 3901 South Lamar or One West Hills office building in Austin, Texas.  The property is staffed by on site property management and is pristinely maintained and serviced.  Convenient and easy access to One West Hills is provided by S. Lamar …

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Permanent link to this article: http://atxre.com/south-lamar-office-space-available/

Jul 29

Austin Office Market Update Second Quarter 2016

The Austin office market has absorbed office lease space steadily since 2012 – until now.  For the first time since then the market has finished a quarter with negative absorption or in other words the market is returning more lease space to the market than leasing office. It is too soon to jump to any …

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Permanent link to this article: http://atxre.com/austin-office-market-update-second-quarter-2016/

Jul 18

NEED: Austin Area Investment Property, $1,000,000

AUSTIN AREA INVESTMENT PROPERTY NEED Currently I’m working with several Investor Clients looking for income producing properties.  Their budget is in the $1,000,000 price range and they will consider Central Texas areas as well as Austin. Property types that would work include retail such as a small shopping center.  Office properties like a small office …

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Permanent link to this article: http://atxre.com/austin-area-investment-property-1000000/

May 05

South Loop 4, Buda, Texas Office, Retail Sites – Meadows at Buda

South Loop 4, Buda, Texas Office, Retail Sites

South Loop 4, (FM 967 South) Buda, Texas Office, Retail Sites Commercial Land For Sale                   Two, 6 acre tracts For Sale at the Hope Pond Valley entrance to the Meadows at Buda subdivision.  Asking price is $4.50/SF of land area.  The parcels are zoned C2 / …

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Permanent link to this article: http://atxre.com/south-loop-4-buda-texas-office-retail-sites/

Apr 21

Buda Commercial Land For Sale, Business Park Drive

Buda Commercial Land For Sale The last commercial lot in the South Buda Business Park subdivision is available for purchase at $4.00/square foot of land or $435,600.                      This land parcel is 2.5 acres in size and is located on Business Park Drive.  The subdivision is …

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Permanent link to this article: http://atxre.com/buda-commercial-land-for-sale/

Mar 29

Heritage Oaks Lot For Sale Austin Texas – SOLD

Heritage Oaks Lot

Heritage Oaks Lot For Sale – SOLD Lot 7 at 17 Heritage Oaks Drive, Dripping Springs, TX 78737  2.808 acres in size Location:  17 Heritage Oaks Drive Heritage Oaks Drive where Sentinel Hill “T’s” into it Lot Frontage:  +/- 208’ Heritage Oaks Drive frontage Lot Size:  2.8 Acres Jurisdiction:  Dripping Springs, TX Utilities:  PEC Electric …

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Permanent link to this article: http://atxre.com/heritage-oaks-lot-for-sale/

Mar 15

Biggest Multifamily Developments of 2015

Biggest Multifamily Developments of 2015 Added 3,400+ New Units to Local Inventory Last year proved itself to be a robust year for Austin multifamily development, with a total of 17 projects being completed in the 50+ unit segment – adding a striking total of 5,028 units to the local rental inventory. Out of the 17 …

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Permanent link to this article: http://atxre.com/biggest-multifamily-developments-of-2015/

Mar 15

Fourth Quarter 2015 Austin Real Estate Market Update

Fourth QuarterAustin Real Estate Market Update

QUARTER 4, 2015 – AUSTIN REAL ESTATE MARKET UPDATE Quarter 4, 2015 AUSTIN OFFICE The highest positive net absorption of office space ever recorded – 900,000 SF was achieved during the 4th quarter of 2015.  Five new buildings that total over 675,000 SF were completed during the fourth quarter with an additional 1,500,000 SF of …

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Permanent link to this article: http://atxre.com/fourth-quarter-2015-austin-real-estate-market-update/

Mar 03

SOLD – Great Hills Land For Sale, 8500 Bluegrass, Asking $350,000

SOLD Great Hills Land For Sale GREAT HILLS / LOOP 360 AREA OFFICE SITE “LR” Neighborhood Commercial Zoning Corner of Bluegrass Drive and Bluffstone Drive 2 Acres, 2 Blocks West of Loop 360, Near Arboretum, NW Austin Lot Size:             2 Acres Zoning:              Neighborhood Commercial allows for Office and retail uses. Frontage:           +/- 220 feet along …

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Permanent link to this article: http://atxre.com/great-hills-land-for-sale-8500-bluegrass/

Jan 14

Anderson Mill Land for sale, Austin, Texas

Anderson Mill West Land For Sale

Anderson Mill land for sale, totaling 17.52 acres for $1,100,000.  Price Reduction. The site is located one mile west of North FM 620 and HEB Plus Grocery Store on Anderson Mill Rd. This Anderson Mill land is located three miles west of Lakeline Mall and the Highway 183 and State Highway 45 interchange. The area …

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Permanent link to this article: http://atxre.com/anderson-mill-land-for-sale/

Jan 08

Austin Zoning and purchasing Property

Austin zoning and land purchase

When considering a property purchase in Austin, determining the zoning is a critical part of the due diligence process and an Austin zoning determination is one of the first issues that should be addressed. If the property is located within the City Limits a zoning category is assigned to the property.  This will dictate the …

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Permanent link to this article: http://atxre.com/austin-zoning-and-purchasing-property/

Jan 04

US Highway 183 South, Land For Sale

Land For Sale

US Highway 183 South Austin, Texas Land For Sale SOLD A 10 acre parcel is For Sale with 658′ of frontage on a South U.S. Highway 183 hilltop. The northern boundary of the property has some topographic variation. Currently the site operates as a construction yard for contractor. The property is located 8 miles south …

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Permanent link to this article: http://atxre.com/us-highway-183-south-land-for-sale/

Nov 12

Austin San Antonio Corridor Future

The Austin San Antonio Corridor’s future is shown in this graphic provided by lawnstarter.com This infographic is brought to you by Lawnstarter San Antonio

Permanent link to this article: http://atxre.com/austin-san-antonio-corridor-future/

Oct 28

Commercial land for sale in Kyle, Texas – Hays Commerce Center

Commercial Land for Sale in Kyle, Texas

Commercial land for sale in Kyle, Texas Commercial land is available and for sale in Kyle Texas at the Hays Commerce Center project.  This development is set to be the next major commercial development in Kyle.  The project is planned for a variety of uses including industrial, office, and retail.  The 100 acre site is …

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Permanent link to this article: http://atxre.com/commercial-land-for-sale-in-kyle-texas/

Oct 23

Austin Office Market Quarter 3, 2015

The Austin Office Market for Quarter 3, 2015 continues to explore new heights of superlatives with the latest news regarding its performance.  Highlights include: ABSORPTION  649,339 square feet of positive net absorption for the quarter which is the highest quarterly absorption since Q4, 2012. Year to date absorption surpassed 1.5 million net square feet. If …

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Permanent link to this article: http://atxre.com/austin-office-market-quarter-3-2015/

Oct 15

Austin #2 in 2016 Real Estate Outlook

Austin is ranked second nationally for overall real estate market outlook for 2016 according to “Emerging Trends in Real Estate 2016” a recent report by the Urban Land Institute and PwC LLP. The 2016 outlook for all property types in Austin is well above average according to the report with particular favorability shown toward single-family …

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Permanent link to this article: http://atxre.com/austin-2-in-2016-real-estate-outlook/

Oct 02

South Lamar Affordable Housing – Bluebonnet Studios, Coming Soon

South Lamar Affordable Housing

South Lamar affordable housing is under construction at Bluebonnet Studios a multi family project consisting of 107 efficiency units at 2301 South Lamar.  The project is being constructed for Austin based Foundation Communities and will be dedicated to low income tenants.  SpawGlass is the contractor for the project and its anticipated to cost about $15 …

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Permanent link to this article: http://atxre.com/south-lamar-affordable-housing-bluebonnet-studios-coming-soon/

Aug 24

Austin Land Purchase Considerations

Aerial Austin Land

If you are looking for land to purchase in Austin, there are several important items to consider. I’m an Austin Real Estate Broker and am experienced in selling and helping Buyers purchase land. Austin land purchase considerations should include: What is the cost of the land? If I pay $1,000,000 for 10 acres to build …

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Permanent link to this article: http://atxre.com/austin-land-purchase-considerations/

Aug 16

Austin Real Estate Market Mid Year 2015 Update

Patrick Johnson

Presentation at Real Estate Council Austin by Dr. Mark Dotzour. Dr. Dotzour is the Chief Economist and Director of Research for the Real Estate Center at Texas A&M University in College Station, Texas. He earned his Ph.D. in the Department of Finance at the UT Austin in1987 and served as Associate Professor of Real Estate …

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Permanent link to this article: http://atxre.com/austin-real-estate-market-mid-year-2015-update/

Jul 23

Quarter 2, 2015 Austin Office Market Report

Quarter 2 2015 Austin Office Market Report was recently released by Colliers International.  The citywide average office rental rate increased by 3.7% to $29.20/SF over the previous quarter according to a quarterly update provide by Colliers International.  The average Class A rental rate decreased from $42.64/SF to $41.58/SF.  Suburban office rates increased slightly to $32.87/SF. …

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Permanent link to this article: http://atxre.com/quarter-2-2015-austin-office-market/

Jun 11

For Sale 3950 E Austin Street, Giddings, Texas, Retail

Aerial Photo

PRICE REDUCTION RETAIL PROPERTY FOR SALE IN GIDDINGS, TEXAS Address: 3950 E Austin Street, Giddings, TX 78942 $325,000 or $29/building square foot Location: Highway 290 frontage at corner of County Road 226, Giddings, Texas.  Adjacent to Ramada Inn Hotel and in front of Giddings State School Building: 11,099 Square Feet, Vacant/Owner-User Acreage: 1.95 acres Jurisdiction: …

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Permanent link to this article: http://atxre.com/for-sale-retail-property-giddings-texas/

May 29

Austin Multifamily Market Outlook 2015

The Austin Multifamily market continues to expand due primarily to the area’s continued population growth, new business growth, and low unemployment.  Vacancy has been steady at under 5% in recent years and is expected to slightly increase in 2015 because of new product becoming available in the market.  Rental rates continue to increase with central …

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Permanent link to this article: http://atxre.com/austin-multifamily-market-outlook-2015/

May 21

Q1 2015 Austin Industrial Market Report

Another Building Exterior

Citywide average rental rates continue their steady rise in the Austin Industrial Market at the end of the first quarter of 2015.  Since the first quarter of 2014 average rental rates have increased by 4.5% quarter to quarter up to $8.35/SF NNN and are up 21% on a year to year basis from $6.90/SF NNN. …

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Permanent link to this article: http://atxre.com/q1-2015-austin-industrial-market-report/

May 01

2015 Austin Commercial Real Estate Market attractive for Investors

Austin ranks as the sixth (6th) most desired office and investment acquisition location for domestic investors in 2015, up two spots from 2014.  The only other Texas city that made the top 10 list was Dallas (Houston fell out of the top ten list likely because of energy market concerns).  The cities ahead of Austin …

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Permanent link to this article: http://atxre.com/2015-austin-commercial-real-estate-market-attractive-for-investors/

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