Texas + Office | November 16, 2020

Wellness Provider Expands at Penn Field

Austin Cryo Ventures has signed a lease at Penn Field at 3601 S. Congress Ave. in Austin. Austin Cryo Ventures, a provider of hyper wellness services, expanded its footprint in the project to a total of 16,375 square feet.

Brad Buckman of Elevate Growth Partners represented Austin Cryo Ventures. Seth Stuart, David Putman and Bethany Perez with AQUILA Commercial represented the landlord, CIM Group.

Penn Field is an award-winning adaptive reuse of a 1918-era air force base with exposed brick walls, wood beams, original wood floors and high, open ceilings. Owned and managed by CIM, the 11-building campus is located in the sought-after 78704 zip code, five minutes from the South Congress district.

Along with Austin Cryo Wellness, the tenant mix includes some of Austin’s most recognized brands like Deep Eddy Vodka, High Brew Coffee and Vital Farms, and national brands including Gibson Guitars, iHeart Radio and Pandora.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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