AUSTIN-Seagull Semiconductor, a startup venture, is setting up operations in 8,657 sf of office space at the 60,000-sf Great Hills Corporate Center I, a class A structure in northwest Austin.

The one-year lease calls for per sf rates in the $30-range, Diann Cowling, a broker with Quick & Co., tells GlobeStcom. The new business will be occupying space vacated by Tivoli Systems Inc. Mayur Mehta, Seagull’s president, is starting the business with a core staff of 15, but plans to beef up the workforce to 40 by year’s end, according to Cowling.

Great Hills Corporate Center I, located at 9020 Capital of Texas Highway, is owned by Landmark Associates of Dallas.

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?

Dig Deeper

 

GlobeSt

Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.