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Arrive Expands to 116K SF at MetCenter Business Park
Mohr Capital recently secured a lease expansion and extension with Arrive Logistics at MetCenter Business Park in Austin. Mohr Capital negotiated the freight brokerage’s lease expansion from an initial 78,000-square-foot flex space in MetCenter buildings 14 and 15 to an additional 38,000-square-foot space in building 15 for a total of 116,000 square feet.
“The trend in tech and logistics companies seeking flex office/industrial space outside of Austin’s urban core has only continued to grow,” said Rodrigo Godoi, managing director of investments for Mohr Capital. “Arrive Logistics is a perfect example of a credit tenant on the cutting edge of its real estate strategy.”
Austin-based Arrive has more than 850 Austin-based employees already working out of the newly added extension to the campus. Arrive is planning to hire more than 1,000 people in the next 12 months, a strategy that this expansion supports.
- ◦Lease
