AUSTIN-Forgent Networks, which has slashed its Austin head count from 400 to 100, has dumped space on the sublease market for the fourth consecutive year. The latest retreat will save $300,000 per quarter, says the company.
SAN ANTONIO-The extra $2 million invested after Sept. 11 was well spent, with San Antonio's hospitality segment making out better than it did in in the industry's stellar 2000. The outlook for 2003, though, isn't so rosy.
SAN ANTONIO-Crews have added three floors to a seven-story building constructed in 1900. The work is tedious, but on track for a November 2003 opening to add a 121,000-sf hotel with European-style spa to the River Walk mix.
AUSTIN-CDM, a multi-faceted engineering firm, shifts its office from the northwest submarket to the far northwest while First Avantus Securities relocates into 6,295 sf in its existing submarket.
AUSTIN-CDM, a multi-faceted engineering firm, shifts its office from the northwest submarket to the far northwest while First Avantus Securities relocates into 6,295 sf in its existing submarket.
AUSTIN-Industrial properties in and around the Austin-Bergstrom International Airport are still feeling the heat from a significant drop in air traffic, particularly international air cargo. The submarket's vacancy is 20%, Austin's second highest.
AUSTIN-The officers are elected, the board is in place and the application will go into the national office in January 2003. Brokers, lawyers, title company representatives and even State of Texas officials are on board.
AUSTIN-The officers are elected, the board is in place and the application will go into the national office in January 2003. Brokers, lawyers, title company representatives and even State of Texas officials are on board.
BASTROP, TX-The Dallas-based Woodbine Development team is keeping to the schedule as work proceeds on pre-development design, a marketing study and permitting for the 635-acre project.
BASTROP, TX-The Dallas-based Woodbine Development team is keeping to the schedule as work proceeds on pre-development design, a marketing study and permitting for the 635-acre project.