AUSTIN-Aus-Tex Printing says it's time to move on after spending 45 years in two locations in the CBD. The firm has acquired the former Celis Brewery, a 25,849-sf structure sitting on 8.7 acres. The intent is to retrofit and add 25,000 sf.
AUSTIN-There are similarities to the market of the 1980s in Austin, but the differences between then and now are such that it won't be a repeat performance of 40% vacancy, says two seasoned market watchers.
AUSTIN-In a city with tough entitlement processes, a developer decides to retreat from his building plans and put the whole shebang on the market. Rob Roy 360 is a 16-acre site, of which three can be developed along Loop 360.
AUSTIN-There are similarities to the market of the 1980s in Austin, but the differences between then and now are such that it won't be a repeat performance of 40% vacancy, says two seasoned market watchers.
AUSTIN-The San Francisco developer gets the high-level nod that's needed despite stiff competition from an Austin-based consortium jockeying for the 709-acre redevelopment plan. Now, Austin and Catellus sit down to dicker development contract terms.
AUSTIN-Austin's Fired Up gets the financial backing it needs to continue an expansion of eight to 10 restaurants per year. Rosewood Capital of San Francisco and US Bancorp of Minneapolis get preferred stock for their contributions.
AUSTIN-The law firm of Akin, Gump, Strauss, Hauer & Feld completes its move into the 444,000-sf CarrAmerica project in the CBD. At 87,000 sf, the firm is the lead tenant. An 85,000-sf tenant already is in and others around town are lining up their moves.
BEE CAVE, TX-A 114-acre mixed-use plan, calling for a super-regional mall, could get its final approval in the near future. The developers figure they're about 18 months out from a construction start, says the Austin partner.
AUSTIN-The California gourmet food maker, Michael Angelo's, marks its 10th year in Austin by carving out a deal for extra space adjacent to its 96,000-sf building in ProLogis Trust's Corridor Park Corporate Center in North Austin.
AUSTIN-AMLI Residential Properties Trust says its "nest egg" program is a way to build loyalty and retain tenants for longer time periods. The program, now available in Austin, is offered in adjunct with KB Home.