AUSTIN-Construction crews are hard at work on the 123,500-sf Travis Oaks office building going up along Southwest Parkway. There is a lot of interest, but no lease pacts have been signed as yet. It's the summer doldrums, says the broker.
AUSTIN-Infraworks has found its first takers for about half of its 42,248-sf office building along Bee Caves Road. In charting its long-term growth. Infraworks predicts it will take up to five years before it needs the entire building.
SAN ANTONIO-The Emily Morgan Hotel in the city's CBD is getting the works in a $4-million dress up of its 177 rooms. The project, which wraps up in January 2002, will boost room rates from a range of $79 to $150 to $149 to $289.
SAN ANTONIO-A marketing push is being lobbed fast and furious for the newly decommissioned Kelly Air Force Base. Trammell Crow holds the leasing pact while every angle from trade shows to Web sites are being employed to find tenants.
AUSTIN-Transwestern Commercial Services' San Antonio brokers have found new spots for a popular discount retailer and a computer company. Everything 99 Cents will be opening its fifth Austin location with the signing.
SAN ANTONIO-A flurry of leasing activity has sealed four deals for more than 13,000 sf of retail and warehouse space in San Antonio. Millenium Packaging has signed for the largest spot and will be moving into 7,985 sf of industrial space in the northeast corridor.
AUSTIN-In an ongoing disposition to reduce debt, St. Petersburg, FL-based Danka Business Systems has hawked its 9715 Burnet Rd. property. The site has been leased to Xerox since 1999 when it bought Danka Omnifax for $45 million.
GEORGETOWN, TX-Developer Greg Hall is courting prospective retailers nationwide for about 113 acres that he has just bought in Georgetown. A NorthMarq Capital VP, who handled a $4.3-million transaction for the buy, says Hall is wooing big boxes.
GEORGETOWN, TX-Developer Greg Hall is courting prospective retailers nationwide for about 113 acres that he has just bought in Georgetown. A NorthMarq Capital VP, who handled a $4.3-million transaction for the buy, says Hall is wooing big boxes.
SAN ANTONIO-The city's Children's Resources and Community Centers Division is staying put at Cypress Tower and expanding it office accommodations in the recent lease signing. In all, the department will now occupy 12,648 sf.