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News at bizjournals.com

Friday, Apr 19

21

Overland Partners buys Sanders Architecture to enter Austin market in earnest

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Catherine Craig, a former partner at Sanders and now a lead architect at Overland, said the opportunity arose after the unexpected passing of Sanders' founder, Chris Sanders, in the fall of 2023. As she and two other partners tried to…

16

Two 25-story towers set to rise after rezoning OK'd for DoubleTree UT Austin site

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The towers would have hotel rooms and residential units, as well as amenity decks 55 feet above ground level, according to a rendering. At the end of this report, check out a list of hotels in the Austin metro.

Thursday, Apr 18

18

How Samsung's $45B plan compares to other gigantic US economic development projects

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From Micron to IBM to Intel to TI, a number of other mammoth projects around the country have touted gaudy investment figures. In this report, we stack them all up against each other. At the end of this story, check out a list of the…

03

New Business Leads - Collected week of April 12, 2024

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New Businesses New business licenses and corporate formations. -Assumed Names Company: 217 219 221 N. Main & 109 W. 3rd St., First: Ujjal, Last: Ghoshtagore, Address: 219 N. Main St., City: Taylor, State: TX, Zip: 76574, Phone: 562-301…

Wednesday, Apr 17

22

Austin's most expensive streets for office rentals ranked in new report

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This report highlights the most expensive streets in Austin for office rentals, and one of Austin's top office corridors ranked No. 11 in the U.S. based on the average price per square foot. At the end of this report, check out a list of…

16

The California-to-Texas migration pattern still holds, according to report

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What states are bringing us the most new Texans? Get the new numbers in this article. At the end of this report, check out a list of the fastest-growing neighborhoods in the metro.

06

Court ruling raises obstacles for developers tapping into Austin's South Central Waterfront District

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Austin's South Central Waterfront District has been envisioned to include taller buildings and affordable housing options on the other side of Lady Bird Lake. At the end of this report, check out a list of commercial property development…

Tuesday, Apr 16

16

A recent magnet for foreign investment, the Austin metro has hit a 20-year high for international in-migration

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The number of international entities opening facilities here has increased dramatically, averaging about 17 new-to-the-metro foreign companies annually since 2019, compared with single digits over the previous 20 years. At the end of this…

Thursday, Apr 11

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.

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…

15

Endeavor buys scenic West Austin office building near Pennybacker Bridge

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Endeavor has purchased West Austin's Plaza on the Lake office building, with scenic views of Pennybacker Bridge. At the end of this report, check out ABJ's exclusive list of multitenant office buildings in the area.

Wednesday, Apr 10

21

Toy Joy, an iconic Austin business, may take its quirky toy collection statewide

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Toy Joy was founded in 1987 near the University of Texas campus and quickly became known for its quirky toys and collectibles geared toward children and adults. After the store fell on hard times 10 years ago, owners Fred Schmidt and…

Tuesday, Apr 9

22

Barbecue joint Cele Store closes after 130-plus years

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Longtime barbecue restaurant Cele Store closed in March after more than 130 years of history in Central Texas, including filming scenes in a “The Texas Chainsaw Massacre” movie.

Friday, Apr 5

19

These airlines were often on time, delayed at the Austin airport in 2023

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More than one out of every five arriving flights at Austin-Bergstrom International Airport were delayed last year, according to data from the U.S. Department of Transportation’s Bureau of Transportation Statistics.

Thursday, Apr 4

21

Buda's Sunfield is metro's fastest-growing neighborhood

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Wondering where new homes are going up? In this report, get some analysis of the home market plus ABJ's new ranking of the fastest-growing neighborhoods. We're tracking thousands of new homes starts across 25 neighborhoods.

13

Fastest-growing residential neighborhoods in the Austin area

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The 2024 list of fast-growing residential developments in the Austin area is compiled in partnership Zonda Advisory, which tracks housing starts, closings, price and active builders. The list is ranked by a neighborhood’s number of housing…

Tuesday, Apr 2

22

Tax breaks OK'd for Travis County child care centers, landlords

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Travis County is launching a 100% tax rebate for child care centers. This change will benefit both the businesses and the real estate holders that lease to qualifying care centers. Included is a list of Austin's leading commercial real…

WeWork amends leases, expects to emerge from Chapter 11 bankruptcy by May 31

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The beleaguered coworking company filed for Chapter 11 bankruptcy protection in November. It's the biggest coworking firm in the Texas capital, even after shedding space earlier this year.

21

Downtown Vitality Index: The cities are best-positioned for success in the hybrid era

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The hybrid era hasn't been kind to many downtowns and city centers. But these cities are leading the way for downtown vibrancy.