AUSTIN-State Bank put up $7.7 million and Regions Bank, $2.3 million. The Austin-based sandwich chain will retire a large debt and set off on an expansion to corner the market in Texas and several other states.
CEDAR PARK, TX-Contracts are out for more tenants at Cypress Bend, a Cencor Realty project along Cypress Creek Road near Lakeline Mall. The inbound tenants are finishing out their spaces, eyeing a grand opening in three or four weeks.
AUSTIN-The new Circle C plan calls for 750,000 sf of office space, 250,000 sf of retail, 830 single-family homes and 900 apartments. Proponents and opponents are sure to be out in full force for today's meeting.
AUSTIN-SpawGlass Contractors, now working on Austin's Convention Center, gets the keys to the training center for the electricians' union and an affiliate trade association. The union was seeking $750,000 after it vacated for triple the space at a build-to-suit.
BEE CAVE, TX-After months of negotiations, the 2.3 million sf development receives an OK from the zoning board, leaving developers to now concentrate on landing high-end retailers for the massive project.
SAN ANTONIO-The center will have ice for recreational skaters and another sheet for the pros. Booking ice time in advance is the city's minor league hockey team. Interest is sure to grow with the team's presence, say the developers.
AUSTIN-The @hand Corp. signs for 5,900 sf of office space at Reunion Park, accommodations vacated by Shaw Environmental. In recent deals, two other inbound tenants signed for upward of 32,000 sf.
AUSTIN-The software maker cashes in on the current weak market by inking a deal with a lower rate. Talks began when Cadence had a year to go on its lead spot in the 120,000-sf Lakeview Center in the far northwest submarket.
ODESSA, TX-Lithia of Medford boosts its 2002 acquisitions to nine, adding Odessa and Midland, TX dealerships to the lineup. To date, the company has eight locations in Texas. The newest buys had combined 2001 sales of about $115 million.
AUSTIN-With its existing headquarters under contract, it's time to sign the office lease. Special Olympics becomes the first tenant to move into the renovated Chase Park IV building in Austin's north central submarket.