Rick Whiteley of the Austin office of Colliers International represented Caring Family. Jeffrey Blatt was the in-house negotiator for building owner, Lakequest Enterprises.
Caring Family provides recruiting, screening, training and licensing services for families that care for neglected and abused children. It works closely with the Texas Department of Protective and Regulatory Services, which has offices nearby.
8011 Cameron is a 40,000-sf building in the northeast submarket. That submarket, which has about two million sf of office space, had an 8.28% direct vacancy rate at the end of the first quarter, according to Dallas-based Staubach Co.'s Austin office report. The overall vacancy rate, including sublease space, was 9.83%. At the end of 2001, the direct vacancy rate was 5.85% and the overall vacancy rate was 7.62%.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
