Austin
2.9% Unemployment is Lowest in 16 Years
Austin’s unemployment rate fell for a third consecutive month in June 2017 to 2.9%. The metric is the metro’s lowest… Read more
Restaurant Could Make Way for Residential High-Rise
Riverside Resources and Ironwood Real Estate have filed for a permit to develop a 44-story high-rise containing 315 luxury apartment… Read more
$27M Rec Center Ready for September Groundbreaking
Lindsay and Mike Rosenthal are ready to begin construction on the 59-acre, 90,000-square-foot Junction Athletic Complex, west of Oak Hill,… Read more
Austin Inks Wind Deal with Iberdrola
Iberdrola’s U.S. subsidiary AVANGRID Renewables, and Austin Energy, which provides power to the city of Austin, inked a long-term power… Read more
Incentives Go to Developer of $83M MXU
San Antonio officials granted an $8 million tax incentive package to Teeple Partners, a development firm in Austin. The incentive… Read more
On the Drawing Board: Austin’s Tallest Tower
If San Antonio, TX-based Lynd Development Partners has its way, a 62-story, mixed-use tower will be built at 600 Guadalupe… Read more
Guess What? Industrial Investors Like the Fundamentals
Results from CBRE’s 2017 Investor Intentions Survey show that appetites for good secondary (non-core) assets are significantly increasing. And, it… Read more
Housing: Supply Expanding, Demand Stable, Affordability a Concern
The Texas housing market held steady as supply slowly expanded in June 2017, while demand remained stable. However, very limited… Read more
Hutto: Wanting Commercial for a Tax-Base Boost
Hutto, TX is a residential community approximately 30 miles northeast of downtown Austin. But if the city council has its… Read more
$40M Alamo Heights MXU Obtains Approval
Connect Texas Multifamily is just around the corner! To learn more about this Aug. 24 event, click here! Austin-based Argyle… Read more
Now Open: Joint & Spine Center
Cedar Park Regional Medical Center officially opened its new Joint & Spine Center, with the new wing accepting patients beginning… Read more
Central Texas Office Rents Reach Record Highs
Though the Austin-area economy slowed somewhat in Q2 2017, gross rents for Class A office space throughout Central Texas hit… Read more
Can Berkshire Hathaway Own Auto Dealerships?
Weeks after announcing it wanted to buy Oncor Energy, Berkshire Hathaway indicated it wants to open a Mercedes-Benz franchise in… Read more
Animal Shelter Slated for Expansion – Finally
The Pflugerville Animal Shelter at 1600 Waterbrook Dr. needs more room. However, two years after a bond to fund the… Read more
Equitable Commercial Brokers Office Leases
Brokers with Equitable Commercial Realty (ECR) negotiated the following Austin-area leases. Di Iorio leased 2,574 square feet of medical office… Read more
Southwest Austin’s Housing is Becoming Less Affordable
The Millennial age group makes up close to 36% of Austin’s population. The problem, however, is that there are not… Read more
Could Round Rock Grow by 114 Acres?
The city of Round Rock, north of Austin, will begin the annexation process of a 114-acre plot known as the… Read more
Retail Solutions Negotiates Austin-Area Leases
Retail Solution’s Austin office recently negotiated the following leases: Kim Phung Vietnamese Restaurant leased 4,650 square feet at Riverside Plaza,… Read more