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AUSTIN-Stratus Properties is saying "yes" to some construction projects and reconsidering others while it nears completion on an office building in Austin's southwest submarket. The Austin-based developer reports $3.1 million in net income for Q3.
ROUND ROCK, TX-Greenlawn Shopping Center in Round Rock is used to secure a 10-year, fixed-rate loan through Bank of America. Holliday Fenoglio Fowler LP of Dallas arranged the financing package for the 105,832-sf center.
AUSTIN-Hilton Hotels stamps a 1,850-sf lease in the historic Paggi Building at 503 Neches. The office spot will be used for a sales office for the 30-story, 800-room Hilton Austin, which delivers in January 2004.
SAN ANTONIO-The San Antonio market, the smallest of the Texas metropolises, was doing OK until the third quarter. Now, direct vacancy is 14.1% instead of 12.4%. Factor in sublease space and the city's pinch is now up to 18%.
AUSTIN-Schlotsky's, an Austin-based sandwich shop operator, says it's time to focus on systemwide growth. The focus comes with a 358% in third quarter net income growth and 155% jump in revenue. The chain has 692 locations, of which 29 are company owned.
AUSTIN-Trilogy, with the blessing of the building owner, is cutting some fast-breaking sublease deals for Shepherd Mountain Plaza in the northwest submarket. A business consulting firm shores up a pact in a week for 8,060 sf.
AUSTIN-It's only a 4,200-sf building, but the reopening of the historic structure is a big step for East Austin. Balcones Recycling is using the rehabilitated office building for its headquarters in a 10-year lease.
AUSTIN-Samuels Jewelers hires Gordon Brothers Retail Partners and the Ozer Group to oversee the shutdown of 38 stores in the 163-location, 23-state chain. The stores will close at the end of January 2002.
SAN ANTONIO-The San Antonio market, the smallest of the Texas metropolises, was doing OK until the third quarter. Now, direct vacancy is 14.1% instead of 12.4%. Factor in sublease space and the city's pinch is now up to 18%.
AUSTIN-A highway project, sure to draw more commercial development, gets a green light from Austin City Council. The governing body will kick in $27.5 million to extend MoPac Expressway to the new Texas 45, a $500-million undertaking.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource