AUSTIN, TX-Goodwill Industries of Central Texas has signed alease for a 124,200-square-foot industrial building in SoutheastAustin, which signifies Austin’s largest industrial leasetransaction of the year, according to brokers involved in the deal.Goodwill will consolidate two warehouses, offices and retail spacespread throughout the region as it expands its services and overallfootprint into Kelly Trade Center II, located at 6505 BurlesonRd.

Finish-out work will begin immediately, with Goodwillanticipating to move in early December. “The Southeast submarket isleading the charge out of the doldrums,” says Ken Satterlee,speaking of Austin’s industrial market. Satterlee is president ofSan Diego-based St. Croix Capital Corp., which purchased theproperty in mid-2007. At the time, the building was fully occupiedwith a tenant that eventually moved out, leaving a prime block oflarge space available.

Kelly Trade Center II will house a job assistance center,community meeting rooms, retail outlet and warehouse space forGoodwill. “This space will provide a more accessible location forall of our Southern community members as they seek out ourassistance to help them find, obtain and retain jobs in our CentralTexas region,” says Goodwill’s president and CEO Jerry Davis. “Itwill also help streamline our operations and create addedefficiency so that we can generate additional revenue to help morepeople.”