AUSTIN-Blue Fish Development takes extra office space in the historic Hannig Row building. Built in 1905, the converted Hannig Row offers 42,000 sf in upper-floor offices and street-level retail. The lease totals 12,464 sf.
AUSTIN-William Sullivan is one of 20 finalists for a Texas eComm award. He came on board last year to steer SiteStuff after leading Jones Lang LaSalle's information technology and e-business activities.
AUSTIN-The opportunity to buy 16 acres in a mature area doesn't often arise. But Lowe's has done just that, acquiring the deed to the former Hart Graphics property in Central Austin. It will be the first big box of 100,000 sf or more for that quadrant.
AUSTIN-Austin Bergstrom International Airport reports a sluggish March in air cargo and foot traffic. Though slow, March still held up as one of the busiest months thus far. On the tourist side, the region got a boost in foot traffic.
AUSTIN-Caring Family Network now occupies 10,997 sf of a 40,000-sf office building, owned by Lakequest Enterprises, in Austin's northeast submarket. With a rising submarket vacancy, the renewal is good news.
SAN ANTONIO-The state's fourth-largest city has caught up to its big sisters. Class A rent is slipping, vacancy is rising and tenants are reaping the benefits. But, it's most likely temporary since construction is at a bare minimum.
SAN ANTONIO-The two high-profile grocers are huddled in talks for 20 San Antonio stores shuttered in Albertsons' exit from the market. San Antonio is the only major market in Texas that doesn't have a Safeway presence.
AUSTIN-Praedium Group isn't exiting the San Antonio market. Yes, 14 buildings were sold, but Praedium held onto a few. Those that did go went because they had reached stabilization and maturity, says Kennedy Wilson's managing director.
AUSTIN-The stability of real estate values doesn't mean there aren't any concerns about the marketplace. Austin's chief appraiser recognizes the problem areas, but says it's still a better scenario than the downturns of yesteryear.
AUSTIN-Texas Electric Cooperative sells 7.78 acres with two office buildings to Bryan Hardeman, owner of Mercedes-Benz and Honda dealerships in Austin. In December 2001, the owner got clearance to sell after PCB clean-up passed muster.