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Solectron Pulling Out of 240,000 SF in the Domain

AUSTIN-The city continues to feel the fallout from relocations, consolidations and dropouts. At month's end, Solectron is vacating 240,000 sf at the Domain, which is mapping out more development plans as it looks for a replacement tenant.

By Connie Gore | Updated on February 14, 2001

AUSTIN-Endeavor Real Estate Group is looking for a taker on 240,000 sf that comes to market at month’s end when Solectron Corp. vacates in a consolidation move into about 1.2 million sf at Research Boulevard. The Milipitas, CA-based electronics manufacturer will still be occupying 137,000 sf at the Domain, but the lease on that space expires February 2002, David Sheldon, Endeavor marketing director and broker, tells GlobeSt.com. “They may renew,” he says, adding that it doesn’t negate the fact that there’s still 240,000 sf in the Domain’s Building 2 that needs a tenant.

Austin is feeling the fallout from relocations, consolidations and dropouts. And, brokers are scrambling to find tenants to fill the empty space. Sheldon, like others, doesn’t see the shakeup as terribly bad, viewing it instead as an opportunity to bring fresh tenants on board. Nonetheless, it’s not an easy task. “I know there’s not another block of high-tech manufacturing space this size in Austin,” he says.

But there’s more happening at the Domain than just finding a tenant to fill Solectron’s shoes. The 235-acre, 2.1-million sf development has its eyes on developing a retail component along Burnet Road and adding up to 1.7 million sf of class-A office space heading north along Mopac Boulevard, GlobeSt.com has been told.

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