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.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.