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bizjournals.com

Monday, Apr 15

22

As financial troubles swirl, StoryBuilt plans new apartment projects near stalled development

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Recent filings for a new apartment projects from embattled infill housing developer StoryBuilt have turned up, all while the developer is attempting to sell off its $2 billion development pipeline amid allegations of misused funds and…

Miriam Adelson and the Texas Sands PAC are ones to watch

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Miriam Adelson, the widow of Sands casino magnate Sheldon Adelson, earlier this year poured more than $4 million into a political action committee that aims to legalize gambling in Texas. The contribution came two months after her family…

21

Flavor manufacturing company 'open for business' for customers south of Austin

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Representatives from the beverage development and flavor company said they are "absolutely" looking for new customers to take on at its new 40,000-square-foot manufacturing facility at 341 Plum Creek Meadows. The company held a ceremonial…

Tipping debate rages as America barrels toward a 'new normal'

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Business owners are often caught in a tricky spot as consumer concerns over tipping have escalated.

18

Four years later, a new dynamic takes hold for office space leasing in post-pandemic world

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Office landlords and the tenants they lease space to are shifting into a new leasing paradigm more than four years after the onset of the Covid-19 pandemic.

16

Pflugerville's economic development head Amy Madison to retire

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She made her announcement during a special PCDC meeting on April 9 and will step down in the spring.

15

Tesla layoffs: 10% of global workforce to be cut, workers impacted in Austin

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News of the job cuts from one of Austin's largest employers come amid softening sales of electric vehicles overall and after Tesla reported disappointing first-quarter deliveries earlier in April that declined on a year-over-year basis for…

12

Samsung pouring $45B into Austin area — one of largest deals in US history

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On April 15, representatives from Samsung Electronics Co. Ltd., the U.S. Department of Commerce and local officials in Williamson County will converge on the tiny town of Taylor for a mammoth announcement related to the CHIPS and Science…

Saturday, Apr 13

00

Siete Family Foods' retail sales reach $400M as the Austin brand aims for a billion-dollar empire

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The maker of Mexican-American food has passed several milestones since it first got onto the shelves of Whole Foods in 2015. It's now one of the most successful CPG brands out of Austin, and in this article we dive into how Siete made its…

Friday, Apr 12

21

How Central Texas Angel Network is bouncing back with startup investments

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The Austin-based consortium of investors ranked among the five most active angel groups in the country from 2014 to 2019 — and in three of those years, it was No. 1. Its portfolio has included 30-plus companies that have been acquired or…

Most CEOs want to ramp up hiring in 2024, but there are some big roadblocks

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Loud layoffs aside, the bulk of CEOs and small businesses say they are in hiring mode in 2024. But there are some big obstacles at play.

16

2 more Chapter 11 bankruptcy filings from Nate Paul's World Class hit courthouse

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The World Class entities are tied to prime real estate properties in East Austin and the Rainey Street district. Many of the properties CEO Nate Paul has attempted to shield in bankruptcy court have ended up in the hands of other real…

Thursday, Apr 11

23

National Beat: Shakeup at OpenAI fund, Guy Fieri backs fintech startup and Startups to Watch

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OpenAI CEO Sam Altman is no longer the owner or a managing partner at the eponymous "startup fund" he has been associated with for over two years. In this week's National Beat, we cover that story, Guy Fieri's venture in the fintech space…

BizSpotlight: Page

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AUSTIN, Texas – April 11, 2024 — Page, a forefront

22

Rastegar Property's proposed South Austin mixed-use project wins initial approval

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The project would bring apartments — some qualified as affordable — and shops to a nearly 3-acre tract. At the end of this report, check out a list of commercial property development firms in the Austin area.

Amazon appears to be moving forward with long-planned delivery station

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The project would create up to 200 jobs, not including delivery service providers, with construction planned to begin by the end of this year and be completed within 12 months. At the end of this report, check out a list of top tech…

20

2024 Heavy Hitters: Austin real estate brokers ranked

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Each year, the Austin Business Journal ranks real estate brokers who either sold or leased the most commercial space during the previous year. This year, more than 100 brokers made the six Heavy Hitters lists we produced. We call them…

Jeff Henley of The Kucera Cos. represented a mountain of tenants to become a Heavy Hitter

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Jeff Henley participated in deals last year that totaled 384,765 square feet — making him the top office landlord rep in the metro. This is part of ABJ's 2024 Heavy Hitters package, which highlights the top commercial real estate brokers…

Patton Jones repeats as multifamily real estate Heavy Hitter

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Newmark's Patton Jones has moved the most real estate within the multifamily sector for the second year running. This is part of ABJ's 2024 Heavy Hitters package, which highlights the top commercial real estate brokers in the metro.

When it comes to retail brokerage, Weitzman's Britt Morrison is a Heavy Hitter

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Britt Morrison is the top retail broker in the area with 65 transactions last year that totaled 373,323 square feet. This is part of ABJ's 2024 Heavy Hitters package, which highlights the top commercial real estate brokers in the metro.

Aquila's Omar Nasser is a building sales Heavy Hitter

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Omar Nasser closed the year with eight transactions totaling 2 million square feet, the equivalent of about four Frost Bank Towers. This is part of ABJ's 2024 Heavy Hitters package, which highlights the top commercial real estate brokers…

In a competitive industrial market, Davis Bass is a Heavy Hitter

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Austin's industrial market is perhaps its busiest and most competitive, making it all the more impressive that HPI's Davis Bass landed the top spot on our industrial leases list for the ninth year straight, having been the top broker each…

Cushman & Wakefield's Lexie Burns is a Heavy Hitter in the office tenant rep realm

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Cushman & Wakefield Senior Director Lexie Burns helped fill more space than any other office broker in 2023. This is part of ABJ's 2024 Heavy Hitters package, which highlights the top commercial real estate brokers in the metro.

Austin has a glut of sublease space — these are the five largest deals up for grabs

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There’s about 4.9 million square feet of sublease space still on the market, according to commercial real estate Aquila Commercial LLC. The empty downtown offices seeking subtenants draws plenty of eyes, but there are big spaces available…

18

Heavy Hitters - Retail leases in the Austin area

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Information for the 2024 Heavy Hitters lists was supplied by brokerage representatives through a nomination form. Only retail transactions closed in the Austin area during 2023 are considered for this category and may not include all…

Heavy Hitters - Office tenant rep in the Austin area

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Information for the 2024 Heavy Hitters lists was supplied by brokerage representatives through a nomination form. Only office lease transactions on the tenant rep side closed during 2023 are considered for this category and may not include…

Heavy Hitters - Multifamily sales in the Austin area

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Information for the 2024 Heavy Hitters lists was supplied by brokerage representatives through a nomination form. Only multifamily sales closed during 2023 are considered for this category and may not include all activity for the broker or…

Heavy Hitters - Office landlord leases in the Austin area

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Information for the 2024 Heavy Hitters lists was supplied by brokerage representatives through a nomination form. Only office lease transactions on the landlord rep side closed during 2023 are considered for this category and may not…

Heavy Hitters - Industrial leases in the Austin area

www.bizjournals.com

Information for the 2024 Heavy Hitters lists was supplied by brokerage representatives through a nomination form. Only industrial transactions closed during 2023 are considered for this category and may not include all activity for the…

Heavy Hitters - Building sales in the Austin area

www.bizjournals.com

Information on the 2024 Heavy Hitters lists was supplied by brokerage representatives through a nomination form. Only commercial building sales transactions closed during 2023 are considered for this category and may not include all…