AUSTIN-Austin City Council is poised to vote on a $130,000 energy rebate for CarrAmerica's 192,451-sf Braker Pointe III and the under-construction 444,870-sf 300 W. Sixth St. in the CBD. The buildings save a combined 714 kilowatts.
AUSTIN-Valence Technology, now Austin-based, gets $20 million from director and shareholder, Carl Berg of Berg & Berg Enterprises LLC. The firm relocated from Henderson, NV to a 9,000-sf office in Austin's northwest submarket.
AUSTIN-Two large conventions keep their dates with Austin. Last year, Semicon Southwest pumped $9 million into the state capital's economy, but that might not be the case this year. On a bright note, there's no word of vendor cancellations, as yet.
AUSTIN-Barton Oak II along S. MoPac Expressway gets a new tenant in an 11,140-sf, five-year signing handled by Colliers Oxford Commercial and Kennedy-Wilson. Roy Weston Inc. will relocate from a 4,700-sf office along Bee Cave Road.
SAN ANTONIO-The University of Texas at San Antonio is trying to stay on track with back-to-back building projects to meet projected enrollment growth. The drawing board now includes a $151.3-million trio of buildings, including an $80-million biotech center.
SAN ANTONIO-Menlo Logistics tickets San Antonio for a call center operation to service new customer Takata of Auburn Hills, MI. The news comes just as the city hears of Weblink Wireless' plan to close its 151-employee call center.
ROUND ROCK, TX-After leading the charge for La Frontera, Dan Listrom of First Regional Properties is taking a sabbatical, but will be available on a consulting basis. Picking up Listrom's pace will be the Austin offices of UCR and CB Richard Ellis.
AUSTIN-Area companies are content to "wait and see" what happens with the economy before locking into lease changes. The mindset is driving month-to-month deals, signing incentives and lower rent.
AUSTIN-Weitzman gets a new associate and Yancey-Hausman picks up a former senior VP from Henry S. Miller Commercial in Dallas. Bruce Berman, a 28-year veteran, joins Yancey-Hausman's Austin team as an industrial broker.
AUSTIN-Building owners are getting the drift about today's office market, bringing rent down an average $1per sf to $25.15 per sf citywide. Overall vacancy is at its highest, 16.1%, in nine years in the state capital, says Colliers Oxford Commercial