Tim Scheffe of the Scheffe Group is actively looking at two sites in the Bee Cave area and one in northwest Austin for more condo projects. The company, however, doesn't have immediate plans to move on any of them.

Instead of putting up one building, the next projects probably will be developed in phases, Scheffe says. "We'll probably do three or four buildings with 10,000 sf each or less," he tells GlobeSt.com.

Juniper Ridge, a 25,000-sf office condo project in Bee Cave, is about 70% sold with the recent addition of Feste Capital to the building's roster. Feste, formerly Malachi Financial, took a 3,025-sf suite. Scheffe says the building should be sold out by the end of the year. Others in the building include financial firms Cadence Wealth Management and Valor Capital Asset Management and a law firm, dentist's office and corporate travel agency.