SAN ANTONIO-Mixed signals at the 2001 close indicate San Antonio already is on the road to recovery for its office market. The year ended with negative absorption, but it slowed to 21,000 sf in Q4, a marked decline from prior periods.
AUSTIN-Ashley Laurent bids farewell to the CBD in a 10,000-sf signing for Bridgepoint Plaza II. The software developer exits a second-floor office above a Downtown beauty shop to join the high-tech group in the favored northwest submarket.
AUSTIN-Two months ago, the Bee Cave community gave a conditional green light to Albertsons to build a 57,000-sf anchor store for a new retail project. Officials, developer and leasing team are still waiting to hear if the project's going to go.
AUSTIN-Four of the newest Johnny Carino's restaurants set sales records, but the Austin-based chain is keeping mum about how much volume was turned. The accolades go to Oklahoma City, Albuquerque, Bozeman, MT and Athens, GA.
AUSTIN-The central submarket's loss is the far northwest's gain. National Fatherhood Initiative and Amerinet Mortgage Services sign up for office space at the two-building, 56,419-sf Synergy Plaza at 11940 Jolleyville Rd.
AUSTIN-The 11-story Nokonah heads into the final stretch for one of the few CBD residential projects still forging ahead. A street-level retail component has attracted an unnamed newcomer, says the developer.
AUSTIN-It's going to be another tough year in Austin across the product types, except for retail although its rents will be flat. Don't look for significant change until 2003 in multifamily, office and industrial, says a leading economist in his annual forecast.
AUSTIN-The 100,000-sf Central Transportation building holds onto a 17,550-sf tenant, Lennox Industries of Dallas. NAI Commercial Industrial Properties and Jackson Cooksey negotiate the pact for 1001 W. Howard Lane.
AUSTIN-It's going to be another tough year in Austin across the product types, except for retail although its rents will be flat. Don't look for significant change until 2003 in multifamily, office and industrial, says a leading economist in his annual forecast.
AUSTIN-Clear Channel Communications rolls seven Austin radio stations into one site at the World War I-era Penn Field. The 27,300 sf is located in the field's armory. Finish-out is gearing up as the stations prep to move from N. Lamar and Barton Springs Road.