AUSTIN-Third Coast Technologies will relocate from retail space to office/tech at 11002 Metric Blvd. in Austin's north submarket. In making the move, the Richardson, TX-based supplier doubles its office space with a long-term commitment.
AUSTIN-Cousins Properties signs the largest tenant so far for the roster at its 525,000-sf Congress at Fourth, slated to deliver in November. Graves, Dougherty, Hearon & Moody law firm, signing for the long term, takes the pre-leasing level to 27%.
BOERNE, TX-A 25-acre tract has been dedicated to a community shopping center in a soon-to-rise Centex Homes project. The retail acreage fronts Interstate 10 in a community attracting attention from buyers and sellers.
SAN ANTONIO-Nashville-based Vanguard Health Systems has bought five acute-care hospitals with 1,537 beds from the Baptist Health System. The buyer also pledges $200 million for projects and agrees to maintain the nonprofit's current charity care levels.
AUSTIN-The USPS puts a $1.35-million price tag on the 1.8-acre site at 2620 W. Anderson Lane, nestled between two shopping centers and across the street from Northcross Mall. It's one of those infill sites that only come along in a "blue moon.
SAN ANTONIO-The Dallas-based multifamily owner buys the 392-unit Churchill Park Apartments while continuing to shop the San Antonio market for other value-add buys. The 95%-leased complex is positioned in one of the city's most stable submarkets.
AUSTIN-The land sale quietly went through as part of the year-end deal making in Central Texas. Seton Healthcare is planning a 451,000-sf hospital and a private developer will bring out an abutting 100,000-sf office building.
WACO, TX-FreeFlight increases its space by 37% for a total of 40,000 sf and plans to take on more staff as orders for new systems take off. It joins several other year-end expansion announcements in Waco.
AUSTIN-Joseph Beard, president of Westdale Properties American I, is trying to force a sale of all or part of the Austin sandwich chain. The latest count showed 658 stores in 37 states. The latest balance sheet showed a $240,000 net loss.
CEDAR PARK, TX-Centerpulse, a medical implant company, is looking to get out from under 27.7 acres bought for a manufacturing site that has since been scuttled by lawsuits. The asking price is $2.9 million, which is less than the assessment.