X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AUSTIN-Two companies signed up for two big chunks of space, one in Austin’s CBD in a renewal and the other in a new lease in the southwest submarket. Insignia/ESG’s Austin office represented both building owners.

The renewal was Entergy Gulf States Inc., based in Beaumont, TX, which renewed on 11,960 sf at Capitol Center, 919 Congress, just south of the Texas capitol. The company is a subsidiary of New Orleans-based Entergy Inc., a wholesale energy company.

Capitol Center is a 15-story, a 164,044-sf building built in 1984. Tenants include lobbyists with business with the Texas Legislature such as Entergy. The owner, the Los Angeles Fire and Police Pension System bought the building in 1997.

Bart Matheny and Jinny Hines, both of Insignia/ESG’s Austin office, have represented the building owner, LAFP Austin Inc. Michael Kennedy and Kathy Carr, both of Commercial Texas in Austin, acted for Entergy.

In the other deal, Resources for Living Inc. took 14,400 sf at Monterey Tech Center, 4407 Monterey Oaks Blvd. The Austin-based company will expand its confidential telephone counseling service to employees of Resource’s corporate customers.

Monterey Tech Center is a two-building development with a total of 77,646 sf.Matheny and David Putman, also of Insignia/ESG, represented the building owner, Office Partners I LP, and Art Lish of Coldwell Banker handled talks for the tenant.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • 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 © 2020 ALM Media Properties, LLC. All Rights Reserved.