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Star-Crossed Building Returns to Market

AUSTIN-Aperian's takeover and subsequent downsizing has a one-time controversial property back on the market. Aperian heads to 8,000 sf along Steck Avenue, bumping its former headquarters to the "for lease" market.

By Tim Green | Updated on June 27, 2001

AUSTIN-With the disappearance of Aperian Inc. as a data center company, two properties are on the market in East Austin. One is the company’s Austin data center and the other is a restaurant-turned-office building at 1121 E. Seventh St. that will remain as an office building. “We’ve put it back on the market,” owner Bob Foster tells GlobeSt.com. “We had offers to sell it. We’re going to continue leasing it.”

Foster says there’s a lot of interest in that area, just east of Interstate 35 and close to Downtown Austin. He notes, that as a former restaurant, the Spanish-style building has twice the parking as comparably sized buildings. Foster, an investor and adviser to entrepreneurs, has listed the 11,200-sf building with Joseph Hoover Co.

Aperian, now called Fourthstage after a merger, is concentrating on providing information technology consulting services. Although the company has moved its headquarters to Fourthstage’s base of Phoenix, the company will maintain business operations in Austin. It is moving to 8,000 sf in a building along Steck Avenue in north Austin. Colleen Ryan, Fourthstage’s vice president of corporate communications and marketing, says the company is in negotiations to sell the data centers.

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