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AUSTIN-Shorenstein Properties LLC has solidified its first Austin project, joining forces with Deutsche Asset & Wealth Management and local Endeavor Real Estate Group to develop two office buildings. The buildings, Domain 2 and Domain 7, will be located in the 304-acre, mixed-use development known as The Domain, located in northwest Austin.

The venture will break ground later in June on Domain 2, a 139,675-square-foot, five-story office building which is 100% leased to HomeAway Inc. HomeAway, which handles online vacation rentals, will relocate its headquarters from the CBD to Domain 2 upon its completion, which is slated for 2014. Domain 2 will also include 25,000 square feet of ground-floor retail space.

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