AUSTIN--Regus has signed a lease for approximately 18,000 square feet at Lamar Central, a class A, mixed-use development in Central Austin, located at 38th Street and North Lamar Boulevard.
"Throughout the entire design and construction process, our team has been incredibly thoughtful about building details and amenities,” David Bodenman, vice president, Highland Resources, told GlobeSt.com. “It's rewarding to have a reputable company like Regus move into Lamar Central and recognize the effort spent on creating a truly spectacular work environment.”
The Regus network includes 3,000 locations in more than 900 cities and 120 countries. Regus offers workspaces for businesses of any size--fully furnished offices, meeting rooms, business lounges and community spaces are available for any amount of time.
“Opening a new business center at Lamar Central will allow us to meet the ongoing demand for flexible office space in Austin,” says Michael Berretta, vice president, development, Regus. “The quality of the building, the strategic location and the range of business services we provide enables us to accommodate our diverse client base, which ranges from start-ups to Fortune 500s. The location is convenient and close to housing options, desirable neighborhoods and local attractions. This spot also puts us a few minutes from downtown, as well as just south of the tech campuses and growth occurring in North Austin.”
Regus' tenth location in Austin, it is anticipated to open its doors by spring of 2016.
Cushman & Wakefield/Oxford Commercial negotiated the lease on behalf of Highland Resources, and John Childers and Jake Ragusa of JLL negotiated the lease on behalf of Regus.
“The expansion to Lamar Central is a smart move for Regus and further establishes its presence as a leading workspace solutions provider in a market that has increasingly become a destination for national and international employers,” says John Childers, senior vice president at JLL.
Accompanying Regus at Lamar Central is Austin-based Kendra Scott Jewelry, who has secured the entire fourth floor of the building to relocate the company's headquarters and will also open a storefront on the ground floor.
Denver-based restaurant, Snooze, an A.M. Eatery, is also moving into a ground-floor retail space. The breakfast and lunch destination boasts a fresh and innovative menu, as well as extensive cocktail offerings.
Lamar Central is nearing completion and is anticipated to open later this month. The four-story, 165,000-square-foot, mixed-use development features more than 132,000 square-feet of column-free office space with an additional 33,000 square-feet of retail and restaurant space.
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