AUSTIN-The Real Estate Council of Austin's latest survey concludes that Travis County residents would gladly pay more in taxes if they got better roads. The poll has a margin of error of plus or minus 4.9%.
AUSTIN-Local economist Angelos Angelou tells real estate professionals to make the most of its economic downturn and aggressively market itself to places like California. An upswing isn't expected until Q2 2002 so it's time to place controls on future supply.
AUSTIN-An Austin real estate veteran is on board as an industrial property manager at Trammell Crow while another seasoned professional has joined the Transwestern Commercial Services' San Antonio team as a vice president.
AUSTIN-Retail has lost some ground in the Austin market. The slight decrease is the first recorded since 1992 when NAI/Commercial Industrial Property started tracking retail. On a bright note, it's not predicted to plummet like the office market.
SAN ANTONIO-The General Services Administration, which finds space of all types for government entities, has found a new spot for itself. The GSA will be moving into 4,138 sf at the 193,148-sf Corporate Square Tower in San Antonio's northwest submarket.
AUSTIN-A Fortune 500 survey of corporate executives ranks Austin at the top of the list for desirable technology locations. That's good news to those building owners seeking tenants for 2.9 million sf of sublease space.
AUSTIN-A Fortune 500 survey of corporate executives ranks Austin at the top of the list for desirable technology locations. That's good news to those building owners seeking tenants for 2.9 million sf of sublease space.
AUSTIN-Seton Medical Center is lining up a $50-million expansion project that will add beds, operating rooms and physical plant upgrades. The project is funded in part through a capital campaign, jumpstarted with $1.5 million in local donations.
SAN ANTONIO-Transwestern Commercial Services' San Antonio team has landed the leasing duties for the 133,434-sf Greater Northwestern Shopping Center. The former leasing agent, Rohde Realty, will continue to manage the center.
AUSTIN-Rising office vacancy has hit the pocketbook of building owners, with rent dipping 42 cents per sf between first quarter and Q2 closings. The average now rests at $27.15 per sf, with the CBD being hardest hit as rates plummet $4.20 per sf.