AUSTIN-CLB Partners ends a six-month delay to start a 14-story mixed-use project at the corner of Fifth and West streets in the CBD. The project is designed with 62 flats and 20 two-story loft homes plus street-level retail.
AUSTIN-Triple Net Properties of Santa Ana picks up the ball after a deal fell out for a 75,000-sf office building in the southwest submarket. The buyer, though new to Austin, owns several properties in San Antonio.
AUSTIN-Two moves have closed off 17,000 sf at the 156,000-sf Las Cimas 3 and two more deals in the works could take the building to a 50% occupancy rate.
AUSTIN-The east Austin facility applied for a zoning change to serve liquor, but was stopped short after neighborhood residents protested alcohol sales there, claiming the property is too close to a local elementary school.
AUSTIN-A partnership of the Gottesman Co. puts its Arboretum Point, a 150,033-sf, class A office building up for sale. The market is right for a sale, says the broker, expressing the sentiment of the seller.
AUSTIN-The 800-room convention center hotel's marketing staff is finding strong demand by corporate interests to select Austin as a meeting destination.
AUSTIN-American Property Consultants gets the financing through Houston's L.J. Melody & Co., which sold the loan to Freddie Mac. The 288-unit apartment complex was built last year in Austin's far northwest submarket.
AUSTIN-Data Projections will move into 3,946 sf along Metric Boulevard while Brown & Caldwell engineers goes into 3,815 sf along Mountain Ridge Drive. The engineering firm slides into TXU sublease space.
SAN ANTONIO-Southwest Metal Roofing has found a new home in the northeast submarket, buying 11919 Rail Dr. from Mojave Properties JV. The plan is to occupy half and continue to lease the balance to Sunray Pool Service.
AUSTIN-Texas officials, in search of more business, are headed on a five-day whirlwind tour to Winnipeg and Saskatoon. It's the first trip north for the group, which has been making the rounds to lure companies to the Lone Star State.