GEORGETOWN, TX-The 116,796-sf Republic Square starts 2003 with a new look created by Enviroplan and delivered by Rizzo Construction, both Austin firms. The 90%-leased center is part of the Cencor portfolio.
AUSTIN-Royce Lacey of NAI Commercial Industrial Properties is named outstanding tenant representative and David Sheldon of Atlantis Properties is accorded the top award as a building owner's representative in first-time honors by the local chapter.
GEORGETOWN, TX-Well-known Austin developer Larry Peel has the five acres and the plan. Now, he's waiting on the final permit, which should be coming within days. The "for sale" condos will be going for about $160 per sf.
AUSTIN-The 1,100-member council selects real estate attorney Tim Taylor as president. Taylor, a partner with Dallas-based Jackson Walker, has been a member of the council's executive committee for five years.
AUSTIN-The Dallas-based firm says it bought the building, assessed at $2.2 million, from Bank One purely as an investment. The building is part of the 400,000-sf Capital Plaza, which is undergoing a renovation.
AUSTIN-Some of the biggest changes in 2002 occurred in the CBD, where direct space doubled to 1.5 million sf, but sublease dipped to 192,387 sf, according to a Q4 report from the Staubach Co. CBD rent fell 18.9% in the yearend comparison.
AUSTIN-SoloMio, an offshoot of Vignette Corp., signs for the largest chunk of office space, 7,645 sf, in the CBD. The bottom line is the CBD corners two of the four deals while the others go to the city's central and northwest submarkets.
ROUND ROCK, TX-End-of-year trading finalizes the purchase of 301 Sundance as the student loan organization buys the Round Rock building from Kennedy-Wilson International. The plan is to occupy 160,000 sf and lease the balance.
SAN ANTONIO-Construction seemingly has come to a near halt, with 260 units delivering at last count in comparison to 1,083 coming on line for the same quarter last year. San Antonio appears poised to end the year with gains across the board.
WACO, TX-Advantage Electronic Manufacturing picks the town for its access to metropolises to the north and south. The firm has secured a $50,000 economic development grant in its bid to open immediately at 316 Kelly Dr.