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Kim_Gatley
Kim Gatley
Sr. Vice President
& Director of Research
NAI REOC Austin
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NAI REOC Austin's Van Eman helps Searsucker land Maria Maria space

415 Colorado

Searsucker will open its third U.S. restaurant in downtown Austin in the former Maria Maria space at 5th & Colorado St.  The 7,500 square-foot restaurant is scheduled to open in May.

Searsucker was represented by Restaurant Real Estate Specialists Currin J. Van Eman – Vice President NAI Austin and Hannah Douglas.  The Landlord, DOROT, LP, was self-represented. …Read Entire Post

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Texas earns Site Selection honors with 761 projects in 2012

Site Selection awards the Governor’s Cup each year to the governor of the state with the highest number of qualified capital investment projects the previous calendar year. Texas is back in a big way with a commanding first-place finish in the 2012.

“This is a confirmation of the men and women of the Texas legislature understanding that if we will continue with the predictability and stability of tax and regulation and legal policy that allows entrepreneurs to keep more of what they earn, then we will become the job creation magnet in America,” Gov. Rick Perry told Site Selection on February 21st. “That is what has happened.”  …Read Entire Post

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Plaza 35 purchased by Karlin Real Estate

Plaza 35

Los Angeles-based Karlin Real Estate, one of the most active real estate investors in Austin, recently purchased Plaza 35, a  two-building office flex project spanning 186,000 square feet located at 12234 N. I-35.  

At the time of the sale, the Class B property was reportedly 100 percent occupied by Yodle Inc., VirTex Assembly Services and Logisticare Solutions LLC.  …Read Entire Post

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Galleria Oaks purchased by World Class Capital Group

Galleria Oaks

World Class Capital Group, LLC, an Austin-based private investment and asset management firm, recently announced that it acquired Galleria Oaks, a 100,000 square foot retail center located at 13376 Research Blvd. (US 183)  in Northwest Austin just south of Lakeline Mall. …Read Entire Post

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AMD reports sale / leaseback of Lone Star Campus

 

AMD Lone Star Campus

Advanced Micro Devices Inc. (AMD) has found a buyer for its Southwest Austin facilities, which is called the Lone Star Campus.  The buyer is Spear Street Capital — a real estate investment company with offices in New York and San Francisco — will purchase the property at 7171 Southwest Parkway. …Read Entire Post

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Austin, Travis County make fastest-growing list

Texas metropolitan statistical areas, micropolitan statistical areas and counties — including Austin and Travis County — were among the fastest-growing last year, the U.S. Census Bureau said recently.

Between July 2011 and July 2012, Travis County experienced the seventh-largest increase in raw numbers of U.S. counties, adding 34,381 residents over the year. …Read Entire Post

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Austin lands in top 10 most affordable housing markets

Austin is one of the best markets in the U.S. for finding an affordable home, according to ZipRealty Inc., a high-tech residential brokerage company. Austin took the seventh position of a top 10 list for finding a housing bargain.  …Read Entire Post

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West End Center renamed West Side Village by new owner

West End Center

The West End Center (50,100 sf), located at 1214 W. Sixth St., has been renamed West Side Village by new owner AWSV LP. The mixed-use property, anchored by Julian Gold is expanding its space by 5,000 square feet to total roughly 15,000 square feet. …Read Entire Post

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9900 Spectrum purchased by LegalZoom

9900 Spectrum

California-based LegalZoom Inc., an online legal document service, recently purchased 9900 Spectrum Drive – a 206,000 square foot office and manufacturing building located in the Davis Springs Spectrum Business Park in Far Northwest Austin.   The property reportedly sold by White Stone Properties Ltd. for $21 million.  …Read Entire Post

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National Instruments to add 1,000 Austin jobs, invest $80 million

 

National Instruments

National Instruments, a pioneering technology company in Austin, plans to invest $80 million and add 1,000 technical and engineering jobs locally over the next 10 years to serve its steadily expanding business.  The project was announced by the Texas governor’s office, which said the company will receive $4.4 million in incentives from the state-run Texas Enterprise Fund to close the deal.

If City and County incentive agreements are approved, the company could start …Read Entire Post

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