AUSTIN-M&K Metals Inc.’s recently signed lease for 7,500 square feet has pushed occupancy at the two-building Cameron Creek Business Park to 91%. The two-building, 86,000-square foot industrial asset began life as speculative space when it was completed in December 2007.

“We had another three to four months to go with lease-up, according to our pro forma. We beat our estimates on the leasing velocity,” says David Alsmeyer, principal with TIG Real Estate Services’ Austin office. TIG helped develop the buildings at 9200 Cameron Rd. and handles leasing on behalf of owner Thackeray Partners in Dallas.

Other tenants building are GameFly, which has 15,000 square feet, Champion Windows, which took down 9,000 square feet and Morrison Plumbing Supply, which occupies 47,000 square feet. The leases range from five to 10 years, and the quoted lease rate is $7.80 per square foot, net. TIs were varied, depending on the needs and finish-out. “We have one space, an end cap,” Alsmyer says, adding there’s been interest in the space but no definite LOIs or contracts are in the near future.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.