Betco, based in Houston, had been at 3504 Chapman Lane in the southeast submarket. Chapman Lane intersects with Ben White Boulevard, which is being widened into a freeway and cut a wide swath of business relocations.
Mark Milstead, an industrial Specialist with NAI/Commercial Industrial Properties Co., has represented the building owner, William Howard. The asking price for space at the building, constructed in 1968, was $8.28 per sf. Betco has operations in Dallas, San Antonio, La Marque, Beaumont, Corpus Christi, Harlingen and San Antonio.
In a separate deal, Nourzads, an Austin advertising agency, has leased 2,081 sf at 1021 E. Seventh St. in east Austin just east of the CBD. The building was formerly occupied by Aperian Inc., an Austin-based data center operator that is now part of Fourthstage Technologies Inc., based in Phoenix. John Childers of Colliers Oxford Commercial in Austin handled the transaction.
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