Austin
AISD to Finalize Sale of Austin Assets, Relocate HQ
The sale of the properties will provide affordable housing opportunities, while the headquarters’ relocation aims to solve the traffic congestion issue present at the current main office.
Airbnb Going Strong in Texas
According to AirDNA data, three major Texas metros are witnessing an important growth in Airbnb user adoption. Austin, Houston and Dallas have seen the total number of listings increase by as much as 90 percent year-over-year in October.
Austin Office Campus Lands $64M
HFF arranged the five-year, floating rate loan through Wells Fargo for Amber Oaks, a nine-building, 543,544-square-foot Class A office campus. The debt replacement team worked on behalf of the borrower, Menlo Equities.
600 Congress in Austin Has a New $7M Lobby
Endeavor Real Estate and Rios Clementi Hale Studios finalized the revamp of the lobby. The $7 million investment materialized into new facings on interior retail, bike storage and a fitness center.
Balfour Beatty Lands $581M Contract in Texas
The company will advise the Texas Facilities Commission on construction of the first phase of the state office and promenade project in Austin.
JV Sells 27-Property Self-Storage Portfolio
HFF was tapped to market the 1.7 million-square-foot portfolio on behalf of the seller, a partnership between Westport Capital Partners and Store Here Management.
Texas Bullion Depository Heading to Leander, TX
Th city of Leander will be the future home of the Texas Bullion Depository. Construction is anticipated to begin in early 2018, with completion slated for late 2018 or early 2019.
Firmspace Opens Flagship Austin Location
The flagship location is near premium AA buildings with close access to restaurants, retail and more. The company has plans to expand its co-working facilities to locations such as Denver, Houston, Dallas, New York City, Miami, Salt Lake City, Washington, D.C. and Atlanta.
Austin Luxury Resort & Spa to Undergo $150M Renovation, Expansion
The signature feature of the project will be the addition of a new resort tower with 180 luxury guest rooms and suites flaunting floor-to-ceiling windows overlooking Hill Country.
vXchnge Acquires 100 KSF Data Center in Austin
The facility is currently doubling its capacity and upon completion, it will provide 26 megawatts of power. The property offers convenient access to the Texas Triangle.