X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AUSTIN-Baxter Planning Systems has moved into 6,308 sf at the StoneCliff Building, 7801 N. Capital of Texas Highway in the northwest submarket.

Michael Boykin of the Austin office of Kennedy-Wilson represented Baxter and Luke Drolet of Yancey-Hausman & Associates’ Austin office acted for the building owner, Denver-based Miller Global Properties.

With the move, Baxter increases its office space by 31%. Its offices had been in the Balcones West building at 5750 Balcones Dr., also in the northwest submarket. Baxter, based in Austin, develops and sells software for service parts planning and logistics. It also has offices in California, Colorado, New York and the United Kingdom.

StoneCliff, a 65,000-sf, three-story building, opened this year and is about 56% leased. Drees Custom Homes also has offices in the building.

Kennedy-Wilson reports that class A rental rates averaged $21.54 per sf in the northwest submarket in the third quarter. The submarket’s occupancy rate was 77%.

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.