AUSTIN, TX—Endeavor Real Estate Group and Granite Properties plan to start construction soon on a 220,600-square foot office complex in northwest Austin. It will be the first major office project to launch in the area in almost five years, according to the Austin American-Statesman.
Champion Office Park will be site on the northwest corner of RM 2222 and Capital of Texas Highway (Loop 360). The project will have two four-story buildings, one with 116,800 square feet and the other with 103,800 square feet, Endeavor officials told the paper.
The project's announcement comes as space in the local office market has been tightening across the Austin region due to healthy job growth, putting upward pressure on rents. Bryce Miller, a principal with Endeavor, said the firm is taking a “measured and thoughtful risk” in starting the project on spec.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
