AUSTIN-This weekend, the city unveils the first component to a redevelopment of its Auditorium Shores area. The center is designed to be a major new arts venue for events and bookings too small for the convention center.
SAN ANTONIO-A 25,000-sf office building at 2140 Babcock Rd. trades hands. The 10-year leaseholder, Baptist Health System, subleases the entire building near St. Luke's Hospital to others, mostly medical operations.
SAN ANTONIO-Peter Piper Pizza exits to a new location, freeing up 12,200 sf for Rack 'Em Sports Bar. The retail change takes place at the Pleasanton Road Shopping Center near the crossroads of Pleasanton Road and Southwest Military Drive.
AUSTIN-It's fairly obvious the area's economy has yet to revive, and it's more evident if the latest stats for passenger and cargo traffic are factored into the equation. Air cargo's off 26% thus far this year while passenger traffic is down 13% in comparison to 2001.
ROUND ROCK, TX-Cerilliant heads out of Austin and into Round Rock, just like others have done in recent months. The two-year-old Radian spin-off takes 32,000 sf of a 51,900-sf structure in the city's oldest business park.
SAN ANTONIO-Sears Home Improvement Products boosts its lease to 11,800 sf in the 139,611-sf Randolph Business Park. A Grubb & Ellis broker in San Antonio works out the terms for the Interstate 35-Loop 410 property.
AUSTIN-The database software company has bought 11400 N. Lamar from AT&T. The plan, just like AT&T's, is to build out a data center in the three-year-old building. It will make the fourth such asset for the Oracle portfolio.
BEE CAVE, TX-The project's been downsized from 3.6 million sf and excludes multifamily components. The compromise between developers and Village of Bee Cave elected officials puts the issue up for a vote June 25.
BEE CAVE, TX-John Hagy Custom Homes veers into the office arena, taking on a 12,000-sf project in Bee Cave. The two-story building has been pre-leased to three real estate companies, all with projects now under way in western Travis County.
AUSTIN-CarrAmerica has signed its first first-floor tenant and first eatery for the 445,550-sf Austin CBD office tower. A mid-November opening is being planned by the locally owned Thistle Cafe.