TEXASRETAIL Maria’s Taco Xpress in Austin Sells to Local Investment Company

Maria’s Taco Xpress, a South Lamar fixture since 1997, starting as a small food trailer and growing to a full-scale restaurant in 2006, will soon serve its last taco. Bradley Bailey, first vice president, and Adam Rabin, associate, with CBRE in Austin, represented Maria Corbalan, owner and namesake of the restaurant, in the property sale. “Maria’s Taco Xpress has been a staple of the 78704 community for more than 24 years, first as a food truck and then as the restaurant we all know now,” said Bradley Bailey, first vice president at CBRE. “We were glad to find a locally based buyer who will bring the next phase of this location to life.” The property has gone under contract to sell to a local, unnamed Austin-based investment company. The sale will be finalized in early November. This new ownership entity is working with Britt Morrison and Brett Maze from the Weitzman Group to find the perfect tenant for this iconic location. “When I came to Austin from Argentina as a young girl, I fell in love with this city and its people. My restaurant has allowed me to touch so many lives over the years and for that I am incredibly grateful,” said Corbalan. “I will continue to serve everyone until the end of the year and then I am giving the business name, equipment and a trailer to my employees of 20 years. They have been amazing, especially during these recent hard times, and I hope they can bring the same delicious tacos to Austin for many years to come. The best gift the community can give me is supporting my employees on their new endeavor.” Corbalan and her employees will continue to serve delicious food to customers through the end of the year. She will also be selling all of the iconic decorations and fixtures in the restaurant so that the Maria’s flair can find a place within other’s homes and hearts. “I have worked very hard as a woman in this city,” said Corbalan. “When I started my restaurant in 1997, beginning with a small food trailer, I never imagined how I would be able to give back to my community and brings smiles to faces with Hippie Church and food made from the heart.”

Colliers Mortgage Closes Fannie Mae Loan for Multifamily Asset

The Minneapolis office of Colliers Mortgage, part of Colliers International | U.S., recently closed a Fannie Mae loan for the refinancing of Ten19 @ Friendship Lane, a 128-unit, market rate multifamily apartment property located in Fredericksburg, Texas. The property was built in 1998 and four of the units are dedicated as Airbnb units. Amenities at the pet-friendly community include laundry facility, playground, 24-hour maintenance, fitness center and grill/picnic area. The 12-year term, 30-year amortization loan was arranged through a partnership with Old Capital Lending for DCP 1019 Friendship Lane, LLC.

Cypress Holdings Selects Transwestern to Lease Newly Constructed Medical Office

Transwestern Real Estate Services has been selected by Cypress Holdings to provide leasing services for 222 W. Cypress, a 20,656-square-foot, two-story medical office building in Midtown San Antonio. Transwestern associate James Murry will provide healthcare leasing services on behalf of Cypress Holdings. “I am grateful for the opportunity to work with Cypress Holdings to lease 222 W. Cypress,” said Murry. “Midtown is in short supply of medical office buildings of this quality and convenience. While the market is combating uncertainty due to COVID-19, I will approach this project with the same persistence and data-driven market intelligence that Transwestern is known for providing.” Delivered in December 2019, the medical office building is currently 69 percent leased. 222 W. Cypress is in proximity to Historic Pearl, Methodist Metropolitan Hospital, and San Pedro Avenue with access to Interstates 10 and 35. Anchored by Women’s Health Texas, healthcare tenants can also take advantage of the walkability and excellent transit opportunities from surrounding neighborhoods. “We are excited for our staff to serve the medical needs of clients at our new clinic,” said Dr. Carlos Cardenas of Women’s Health Texas. “This new medical office building brings convenient access to quality care to the San Antonio community.”

RESOLUT RE Completes Six Sale and Lease Deals Around Texas

RESOLUT RE recently completed six retail transactions throughout Texas. The deals included sales and leases in the Austin, Dallas and Houston markets. The Healthy Addiction has leased 747 square feet at The Marketplace (500 Lake Air Drive, Waco, Texas). Michael Noteboom and Jacob Nagy of RESOLUT RE represented the landlord. Hutto Liquor has leased 1,200 square feet at Hutto Plaza (FM 685 & Uvalde Drive, Hutto, Texas). Andrew Perkel and Michael Noteboom of RESOLUT RE represented the landlord. Jacob Nagy of RESOLUT RE represented the tenant. A smoke shop and check cashing store has leased 1,240 square feet at The Exchange (10205 N Lamar Boulevard, Austin). Joey Mendez and Samuel Hartley of RESOLUT RE represented the landlord. Steve Orsborn of Berkshire Hathaway HomeServices Texas Realty represented the tenant. Sugar Cookie has leased 1,857 square feet at Trinity Loft (1430 Dragon Street, Dallas). Mai Nguyen of RESOLUT RE represented the tenant. The Lash Bar has leased 1,838 square feet at Basswood Village (900 N Blue Mound Road, Saginaw, Texas). Jeff Lewin and Sam Littlejohn of RESOLUT RE represented the landlord. Salvador Manahan of Texas Connect Realty represented the tenant. An undisclosed buyer has purchased 3.88 acres at the intersection of Massey Tompkins Road and N Main Street in Baytown, Texas. Mohamed Gamal of RESOLUT RE represented the seller Kareem Gamal, president of Gamal Enterprises Inc.

Cano Health Signs 14,938 SF Lease in San Antonio Texas

SAN ANTONIO, TEXAS — 14,938 SF Lease. Cano Health signs 14,938 square foot lease at Buena Vista Plaza in San Antonio Texas. Cano Health operates healthcare centers specializing in Senior Care and Primary Care for all ages. In addition to primary medical care, Cano Health has specialty programs in the fields of Venous Medicine, Arthritis, Allergy, and Weight Loss. Shawn Ackerman with Henry S. Miller – Houston office handled lease negotiations on behalf of the Landlord. Aamil Safani with Cushman & Wakefield represented the Tenant.

FUSE Workspace Set to Open Third Texas Location in Bee Cave October 1st

Flex Office Space Helps Businesses Build Connections, Focuses on Giving Back to the Community with ‘Do More’ Non-Profit Program

Austin, Texas (September 24, 2020). Texas-based FUSE Workspace, a provider of Class A flexible office workspace and hospitality designed to help businesses build connections and flourish, today announced the October 1st opening of its third location at 14425 Falcon Head Boulevard, Building E, in Bee Cave, Texas. “We are excited to announce the opening of our new Bee Cave location,” said FUSE Workspace Brand Manager John Herring. “Our building reflects the local ambience in architecture and elements, and sits atop a hill with sweeping views of the Hill Country and offers an abundance of natural light. More importantly, the building is located near everything Bee Cave and Lakeway have to offer. That’s in keeping with our ‘work local’ philosophy, which simply means we like to build FUSE office spaces close to where people live, work, and play.” Founded in 2018, FUSE Workspace’s Bee Cave location adds an additional 30,000 square feet to the firm’s existing portfolio of flex office and conference spaces. Other FUSE locations include Houston (CityCentre) and Prosper, Texas, a half-hour north of Dallas. With the opening of the Bee Cave location, FUSE’s portfolio will total 92,000 square feet, including 335 private offices, 20 conference rooms and three professionally-equipped podcast studios. The FUSE motto, “Do More,” merges outstanding hospitality with business-class amenities, helping businesses and organizations thrive. An important part of that philosophy is FUSE’s Do More Non-Profit Program. Each year, FUSE extends helpful benefits to 10 local nonprofit organizations per location, including free meeting space, podcast studio time and discounts on offices. Organizations can apply by emailing the program at BeeCave@fuseworkspace.com. FUSE’s Bee Cave location is conveniently located near the border of Lakeway and the city of Bee Cave,
adjacent to the Falconhead residential development and is a short 25-minute drive from downtown Austin. The space features 116 private offices, most with exterior window views; seven conference rooms, with seating for two to 50; a podcast studio; two outdoor patios with expansive views of the Hill Country; free covered parking; and a full-time concierge team to assist members and guests. FUSE Workspaces offer members and guests a professional yet casual environment, complete with enterprise internet speeds and high-quality finishes. The private offices start at $600/month and are fully furnished with one to seven electric sit-stand VARI desks in every office, glass walls and privacy film on FUSE Workspace Set to Open Third Texas Location in Bee Cave Page 2 of 2 the glass office fronts. Starting at $8,650/month, the enterprise office suites each come with three private offices and a large bullpen area. The FUSE café provides fruit-infused waters, free barista-style drinks and a grab-and-go market featuring local baked goods. In keeping with its commitment to minimizing its environmental impact and reducing the pull from the Austin electricity grid, the FUSE Workspace building incorporated LEED designed elements and includes a large solar panel array on the roof, occupancy-sensor lighting technology, and a recycling program. Herring said FUSE Workspace adheres to a five-level protocol response with regard to protecting tenants and guests from COVID-19 infection. Each location has personal protective equipment (PPE) available and focuses on intensive cleaning, social distancing and requiring masks. FUSE has already added several members prior to opening and is benefitting from the awareness COVID has brought that remote working is not only possible, but productive. The architecture and interior design for the Bee Cave FUSE Workspace is the result of a collaboration between Workplace Studios and Gary Brink and Associates Architects. The building’s exterior features Austin Stone and wood finishes, with large sitting areas and patios near a public greenspace and walkway. “Our goal is to support the outstanding work being done in the community we serve,” said General Manager Ashly Budd. “We chose Bee Cave because there is demand in the market for our type of business, and it is just a beautiful environment to live, work and play. We are excited to partner with the local schools, non-profit groups, faith centers, and local governments to give back to the community.” FUSE Bee Cave is pre-selling now and is offering attractive pre-opening specials to members who join before October 1. Interested parties can lease from the onsite sales staff, which welcomes walk-ins. FUSE is also providing a robust broker referral program. Short-term leases are available, but longer leases are necessary to lock in rates. Contact BeeCave@fuseworkspace.com or 512-717-0058 for more details or to arrange a tour, or contact Brand Manager John Herring at John.Herring@fuseworkspace.com or 770- 598-0604.

About Fuse Workspace

Founded in 2018, FUSE Workspace is a provider of Class A premier office workspace and hospitality designed to help businesses build connections and thrive, with offices in the Austin, Houston and Dallas metroplex. In addition to providing private offices, office suites and conference space, FUSE Workspace also provides a series of speaker events, lunch-and-learns, wellness programs, community service opportunities, as well as global needs awareness programs to help its members DO MORE for themselves, their community and the world. In 2019 FUSE Workspace was named the Prosper Business of the Year by the Prosper Chamber of Commerce. For more information, visit www.fuseworkspace.com.