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Daryl Kunik has an uncanny sense of Austin cool. He’s the co-founder of the Uchi and Uchiko restaurants of national fame and has a passion for boutique real estate development.
As the founder and principal of Central Austin Management Group, Kunik and his partners are building Springdale General, a creative office development near Springdale Road and Airport Boulevard.
Click to read more at Austin Business Journal.
So much is happening in Austin’s real estate market that I spend most days submerged in notes jotted down in my car, email messages and press releases.
Occasionally, it seems befitting to write a catch-all column to mention some worthy and interesting projects that I can’t get to right away.
Click to read more at Austin Business Journal.
Earning LEED certification for a ground-up office building is challenging enough, but capturing the highest “platinum” rank of eco-friendliness may be one of the most difficult undertakings as a real estate landlord.
Clarion Partners, the New York investment company, did just that. The Perry Brooks building downtown recently was recognized as the first LEED platinum overall office renovation in Austin.
Click to read the rest of this Article at Austin Business Journal.
Port San Antonio is moving forward on its plan to add 5,000 new jobs by 2020 inside the 1,900-acre industrial complex and began construction on a new $20 million technology industry office building.
The 90,000-square-foot facility is expected to create up to 300 jobs. That goal is tied to technology companies moving into the building by 2018, particularly businesses in the cybersecurity industry. Companies inside Port San Antonio already employ 12,000 workers that operate in aerospace, manufacturing and cybersecurity. In 2016, the organization estimated that roughly 40 percent of the industrial campus has been developed.
Click to read more at San Antonio Business Journal.
SAN ANTONIO – A full-service warehouse and shipping provider, Southern Warehousing and Distribution, has leased 147,840 sf at the Interchange East Distribution Center.
Located at 5050 Stout Dr. on intersection of Loop 410 and IH-10, the industrial facility offers fenced truck court and parking, and ten dock high doors.
Josh Aguilar, vice president, Industrial & Logistics, CBRE explained that there is an increasing demand for large warehouse space for local and regional distribution in the market.
Aguilar and Rob Burlingame with CBRE in San Antonio represented the property owner, Prologis, in lease negotiations.
Check CBRE for more information
Check out San Antonio Industrial Market Research for quarterly data.
A majority of the flashy developments proposed throughout San Antonio over the past few months have fallen flat due to financing difficulties, but with locally based Varga Endeavors and Harris Bay’s plans for a progressive mixed-use project in East San Antonio, the money is there. Now, it’s just about getting the design right.
Click to read more at San Antonio Business Journal.