Tag Archive: austin

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/

Dec 18

South Buda Business Park lot Sold to ADB Investments

Buda, TX Industrial Park

A South Buda Business Park Lot was recently sold to ADB Investments.  With the purchase of this second parcel, 9.14 acres total has been purchased by ADB Investments from my client, CX Properties in Buda, Texas.  Lot 9 along with Lot 10 has 535 feet of frontage on FM 967 (South Loop 4) and 695 …

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Permanent link to this article: http://atxre.com/south-buda-business-park-lot-sold-to-adb-investments/

Dec 12

Austin Commercial Real Estate Cap Rate Survey Mid Year 2014

For Sale

Austin Commercial Real Estate cap rate survey as of the mid year 2014 was recently made available by CBRE.  Click here for report. For those not familiar with cap or capitalization rate it is a way to measure the rate of return on real estate investment property based upon projected income.  This is calculated by …

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Permanent link to this article: http://atxre.com/austin-commercial-real-estate-cap-rate-survey-mid-year-2014/

Nov 24

Austin Commercial Real Estate Search for Warehouse Lease

Austin Commercial Real Estate Search for Warehouse lease space for an Austin area Industrial Client looking in the northwest Austin are from US Highway 183 and Burnet Road up to and including Leander, Texas. LEASE NEEDED Who: Industrial Lease Client Need: +/- 10,000 Square Feet Location: Hwy 183 and Burnet Road to the Northwest up …

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Permanent link to this article: http://atxre.com/austin-commercial-real-estate-search-warehouse-lease/

Nov 03

Lacrosse Sporting Goods Store New Austin Location

LAX

LACROSSE SPORTING GOODS STORE NEW AUSTIN LOCATION SEARCH Who: Lacrosse Sporting Goods Store Detail: Specialty Sporting Goods – Lacrosse Equipment Currently two locations in two separate Midwest Markets Need: +/- 3,000 SF Location: Loop 1 (Mopac) / Hwy 183 area Budget: +/- $24/sf/year When: ASAP

Permanent link to this article: http://atxre.com/lacrosse-sporting-goods-store-new-austin-location/

Aug 28

Austin Commercial Real Estate Market Industrial Update Q2 2014

For two consecutive quarters the Austin Industrial market shows negative absorption, the first time back to back quarters of negative absorption have been posted since 2009. Q2 2014 posted negative 109,469 square feet of negative absorption. Year to date 2014 absorption totals negative 293,813 square feet Vacancy has therefore risen 40 basis points quarter over …

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Permanent link to this article: http://atxre.com/austin-commercial-real-estate-market-industrial-update-q2-2014/

Jul 09

Lakeline Blvd Retail Site Recently Purchased by Kalantari Group

Rendering

A Lakeline Blvd retail site was purchased recently by the Kalantari Group .  The site is 1.9 acres in size and is located at 115 South Lakeline Blvd in Cedar Park.  The Kalantari Group plans on constructing a +/- 24,000 square foot shopping center at this location (pictured above).  The property which has been named …

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Permanent link to this article: http://atxre.com/lakeline-blvd-retail-site-purchased/

Jun 06

Q1 2014 Austin Multifamily Update

Quarter 1, 2014 Austin Multifamily update provided by Austin Investor Interests LLC, Austin Multifamily Report reveals the following regarding the current Austin Multifamily market. 17,627 units are under construction Q1 2014 Occupancy rates are at 94%, down .85% from previous quarter Rental rates increased 1.44 % to average of $1.20/SF Rent in CBD averages $2.51/SF …

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Permanent link to this article: http://atxre.com/q1-2014-austin-multifamily-update/

May 12

South Austin Infill Property at 7310 Sherwood – SOLD

Aerial Photo

South Austin Infill Property listing at 7310 Sherwood Avenue was sold and closed this past Friday.  Congratulations to Longhorn Lawns (new owner) and special thank you to Jamie Rauch (Agent for Buyer), and Gay Heavilin and Independence Title for their diligent work on this Sale to get it closed. Link to Sold Property Listing  

Permanent link to this article: http://atxre.com/south-austin-infill-property-at-7310-sherwood-sold/

May 05

Lease Need: Central to North Austin for Web Marketing Firm

LEASE NEED Who:   Web Marketing Firm Need:  7 -10,000 Square Feet Term:  3 – 5 year term Location: North Central Austin – 2222 North to Parmer Lane Budget:  Low to mid $20’s/sf/year – Rent and NNN’s included Detail:  Creative Office Space Small Kitchen (sink, dishwasher, microwave, refrigerator) 2 – 3,000 SF hard wall offices …

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Permanent link to this article: http://atxre.com/lease-need-central-to-north-austin-for-web-marketing-firm/

Apr 04

Austin Fastest Growing City according to CNN Money

CNN Money Magazine Logo

Not really news to local residents who can feel the surge in growth from the competitive job market to the ever increasing traffic on its freeways – CNN Money lists Austin, Texas atop its recent rankings of fastest growing cities in the U.S.  The data used charts population growth between July 2012 and July 2013 …

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Permanent link to this article: http://atxre.com/austin-fastest-growing-city-according-to-cnn-money/

Mar 19

2014 Austin Real Estate Market Data Sources

Texas A&M Real Estate Center

Courtesy of the Real Estate Center at Texas A&M, this link is a great compilation of Market Reviews, Demographics / Population data, Education, Employment, Hotel, Housing, Industrial, Multifamily, Office and Retail Real Estate, and Infrastructure Reports.  Real Estate Center at Texas A&M Market Data Sources.

Permanent link to this article: http://atxre.com/2014-austin-real-estate-market-data-sources/

Feb 28

2014 Austin Forecast from 360 Real Estate Analytics

Eldon Rude

The following 2014 commercial real estate related items are from an Austin 360 Analytics Real Estate Forecast provided by Eldon Rude. • About 1.2 million square feet of office space was absorbed in Austin in 2013. Companies are growing and some are relocating here. The commercial market looks healthy. • 17,736 apartments are under construction …

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Permanent link to this article: http://atxre.com/2014-austin-forecast-from-360-real-estate-analytics/

Jan 22

For Sale, 4 Acres South Austin Infill Land

Commercial Real Estate 7310 Sherwood Road

Permanent link to this article: http://atxre.com/for-sale-4-acres-south-austin-infill-land/

Jan 22

Quarter 4, 2013, Austin, Texas Office Market Report

Downtown Skyline

CoStar’s Q4 2013 Office Market report gives us a glimpse into the rapidly improving Austin Office Market.  Here are the details: Vacancy rate fell to 9.3% when compared to the previous quarter. Q4 net absorption totaled almost 500,000 SF up from the positive 300,000 SF absorbed in Q3. Rental rates average $27.94/SF/Year an increase over …

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Permanent link to this article: http://atxre.com/quarter-4-2013-austin-texas-office-market-report/

Jan 09

Why everyone is moving to Austin

Austin, Texas

A great summary ~ with awesome graphics from AustinStartup.com’s Bryan Menell about why folks are moving to Austin.  Here’s a link “Why everyone is moving to Austin” . Bullet Points include: USA Today names Austin a top city for Tech Startups Forbes ranks Austin among America’s coolest cities to live Business Insider ranks Austin the …

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Permanent link to this article: http://atxre.com/why-everyone-is-moving-to-austin/

Dec 20

Austin is Best Performing U.S. City in 2013

Austin sits atop the annual Milken Institute’s list of top performing U.S. Cities.  Click here for details. Milken notes that technology and energy are the biggest forces behind the country’s top metropolitan areas. The Institute’s approach to these rankings differs from others in that they do not use quality of life metrics such as commute …

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Permanent link to this article: http://atxre.com/austin-is-best-performing-u-s-city-in-2013/

Dec 12

Commercial Real Estate (CRE) Prices on the Rise

Great article from Texas economist, Dr. Mark Dotzour with the Texas A&M Real Estate Center. Dr. Dotzour does a great job of providing a status report regard CRE pricing and the tightening of money due to the credit market.  Key points include: New construction has been slowed by the tight credit market in the U.S. …

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Permanent link to this article: http://atxre.com/commercial-real-estate-cre-prices-on-the-rise/

Nov 11

Urban Land Institute (ULI) 2014 Emerging Trends Forecast, Austin, Texas

ULI recently published its annual Emerging Trends in Real Estate 2014 Report and Austin is featured prominently in its forecast. Under its Markets to Watch heading, Austin ranked seventh dropping three spots from 2013. The report notes a move by investors from core places like New York and Washington DC to more tech and energy …

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Permanent link to this article: http://atxre.com/urban-land-institute-uli-2014-emerging-trends-forecast-austin-texas/

Nov 01

Can I operate a Business out of my Home in Austin, Texas?

This title refers to a question I am commonly asked.  Can I operate a Business out of my Home?  Or can I buy a home and operate my business out of a home I purchase? Danny Brewer with the City of Austin Small Business Development Program answers with the following two links of information to …

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Permanent link to this article: http://atxre.com/can-i-operate-a-business-out-of-my-home-in-austin-texas/

Jun 06

Need Austin / Central Texas Retail Property(ies) to Purchase

Client Needs to Purchase Income Producing Retail Property ·       +/- $1.5 million ·       Austin / Central Texas area  ·       Retail Preferred ·       Qualified Buyer/Investor with Bank Loan Approval  Let me know if you know of any such properties that meet this criteria.

Permanent link to this article: http://atxre.com/need-austin-central-texas-retail-propertyies-to-purchase/

May 09

SOLD! 716 Pace Bend Road South Commercial Site

Pace Bend Rd Sale

716 Pace Bend Road Commercial Site closed on April 30th, 2013.  Special Thanks to my Seller for her patient and reasonable approach to the sale of her property!   Loopnet Sales Listing Link.

Permanent link to this article: http://atxre.com/sold-716-pace-bend-road-south-commercial-site/

Feb 28

January / February 2013 Austin Texas Economic News

DATA COMPILED BY BOB ROBERTS, GRACY TITLE, AUSTIN, TX. February 2013: Austin takes the No. 3 spot for Job growth with a five-year expected annual job-growth rate of 3.2 percent Austin ranked number 3 for job growth on Forbes’ “Best Cities for Good Jobs” list Austin’s Annual FIVE YEAR expected job-growth rate is projected to …

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Permanent link to this article: http://atxre.com/january-february-2013-austin-texas-economic-news/

Feb 21

Warehouse / Showroom User, Austin to San Antonio Region

Client looking for 2 to 5 acres along I-35 with frontage.  5-10,000 square foot building.  Lease or purchase.  Building to include warehouse and some office space.  Weather proof parking surface needed – asphalt, concrete or road base.

Permanent link to this article: http://atxre.com/warehouse-showroom-user-austin-to-san-antonio-region/

Dec 03

Austin is a Market to Watch in 2013 according to Urban Land Institute

Highlighting the best bets for investors in 2013, a recent joint Urban Land Institute (ULI) and Price Waterhouse Coopers (PwC US) report forecasts Austin as # 4 on its list of the 5 markets to watch in 2013. (4). In 2013, Austin looks set to extend its trend of attracting individual and institutional investors alike. Expansion …

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Permanent link to this article: http://atxre.com/austin-a-market-to-watch-according-to-urban-land-institute/

Dec 01

Equipment Rental Contractor Client Looking For

Client Need – Equipment Rental Warehouse w/ Showroom, Offices & Fenced In Yard   +/- 7,500 SF Approximately 3 offices, 1 conference room, 1 break room. Open warehouse area for remainder of building with 2 overhead door bays, and prefer at least 1 dock for unloading. Heating preferred in warehouse area. +/- 1 Acre with …

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Permanent link to this article: http://atxre.com/equipment-rental-contractor-client-looking-for/

Oct 30

Commercial Site For Sale 716 South Pace Bend, Austin, Texas 78669

[important]Price Reduction[/important] Commercial Real Estate 716 South Pace Bend Road

Permanent link to this article: http://atxre.com/new-listing-716-south-pace-bend-austin-texas-78669/

Sep 13

JUST CLOSED! Attorney Office Near Mueller Redevelopment

Business People's Hands

                Recently I was able to help an Austin small business client that had been renting office space.  He and his wife decided that it was time to own and thanks to my wife and her friendship with the spouse, I was referred to them. [important]The Challenge:  Locate …

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Permanent link to this article: http://atxre.com/just-closed-attorney-office-near-mueller-redevelopment/

Aug 07

Mark Sprague, Economic Update, Austin, Texas

Courtesy of Larry Locke, with McAllister & Associates, Austin, TX, the following is a brief summary of an economic update recently provided by Mark Sprague, State Director of Information Capital at Independence Title Company Austin is not believed to be in a development bubble – 60,000 new residents move into Austin each year. Job creation …

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Permanent link to this article: http://atxre.com/mark-sprague-economic-update-austin-texas/

May 11

Austin, Texas and Area Economy Booming

I-35 Corridor Booming Northward (of San Antonio) my santonio.com |By Jennifer Hiller |Updated 02:41 a.m., Sunday, May 6, 2012 Housing analysts, developers and builders say a low supply of vacant lots, tight credit markets and higher development and building fees are pushing the new-home market farther north, away from San Antonio and into New Braunfels. “There are …

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Permanent link to this article: http://atxre.com/austin-texas-and-area-economy-booming/

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