Austin

AQUILA Completes Lease Renewal at Austin Office Campus
Bethany Perez, Chad Barrett and Bart Matheney of AQUILA represented the landlord, while CBRE’s Nate Stricklen, Erin Morales and Kellly Woodruff worked on behalf of the tenant in the lease negotiations.
Office
Condor Hospitality Buys Marriott Hotel Portfolio for $39M
The company purchased the Fairfield Inn & Suites El Paso Airport and the Residence Inn Austin Airport. The acquisition of a third Marriott hotel is expected to close in the first quarter of 2018.
Hotel
New $40M Music Activities Center Breaks Ground at Texas A&M
The 70,000-square-foot facility, renamed John D. White ’70 – Robert L. Walker ’58 Music Activities Center, will replace the former E.V. Adams Band Hall.
Mixed Use

  • Intercontinental Snaps Up Austin’s 5th & Colorado

    The 18-story metal and glass office tower was completed in 2016 and offers tenants a wide amenity base, as well as access to the city’s Warehouse District.

    01 September 2017 13:19

  • Homes2 Suites by Hilton Austin Airport Begins Operations

    The 87-key hotel is located minutes away from Austin-Bergstrom International Airport, downtown Austin, the Texas Capitol Building and the Austin Convention Center.

    29 August 2017 08:58

  • Austin Retail Center Sells for $112M

    InvenTrust Properties Corp. bought the 404,000-square-foot asset from a local developer. Anchored by a 365 by Whole Foods, the property is located in a rapidly growing submarket.

    23 August 2017 14:18

  • Bitmova Bringing Data Center to Temple, TX

    The $8 million facility will occupy 11 acres in the Temple Industrial Park located in the northwestern part of the city.

    22 August 2017 15:09

  • HFF Closes MOB Portfolio Sale

    IRA Capital LLC sold three Class A properties totaling 137,686 square feet in Dallas–Fort Worth and Austin, Texas. The assets are fully leased to long-term tenants.

    17 August 2017 16:55

  • HFF Closes Sale, Secures Financing for Austin Office Asset

    The 251,143-square-foot building is situated along the Loop 360 corridor, within walking distance from San Clemente at Davenport and Davenport Village shopping centers.

    14 August 2017 13:04

  • Growing Inventory Caps Rent Growth in Austin

    The metro’s economy is strong and population is booming, but a heavy new supply of apartments is limiting rent growth.

    01 August 2017 07:45

  • Mark IV Expands La Frontera Office Campus

    The new building will be adjacent to the 87,186-square-foot Summit I, purchased by Mark IV in 2013 from Moore & Associates. The asset is the largest office building under construction in the Austin submarket.

    21 July 2017 15:25

  • Condor Hospitality Picks Up 3 More Hotels

    The REIT takes another step forward in its portfolio repositioning effort with the addition of a 366-key group of Texas properties. The assets traded for almost $60 million.

    20 July 2017 08:21

  • New Hotel Coming to Austin

    Choice Hotels is partnering with Cloud Nine Hospitality for the 134-key Cambria property near the Bergstrom International airport.

    13 July 2017 10:40

  • Frost Bank Tower Lands $123M Refi

    Earlier this year, the 33-story office property in Austin won The Outstanding Building of the Year Award for the Southwest region in the 1 million square feet category.

    10 July 2017 08:30

  • HomeAway Doubling Down in Austin

    The new 16-story office tower is scheduled for completion by the first quarter of 2019 and will accommodate more than 2,000 additional employees.

    06 July 2017 21:29

  • DivcoWest Sells Austin Office Campus

    HFF assisted the seller in the transaction and procured the buyer, a joint venture partnership between Vanderbilt Partners and True North Management Group.

    06 July 2017 21:19

  • Capital Metro Breaks Ground on Plaza Saltillo

    The 11-acre transit-oriented development will replace an abandoned brownfield site and will feature apartments, office space, retail outlets, open space and public art.

    04 July 2017 15:16

  • New 75-Key Hotel Breaks Ground in East Austin

    The $15 million, six-story hotel will begin commercial operation by the end of August 2018 and will include 26 cabana-type lodging rooms.

    28 June 2017 13:58