NAI Partners recently arranged the sale of a 7,225-square-foot O’Reilly Auto Parts retail property for Agree Stores, LLC at 8142 Kitty Hawk Road in Converse, Texas. NAI Partners’ Joe DeCola along with Cole Flanagan of Investment Property Advisors represented the seller in the transaction. Terms of the deal were not disclosed.

JLL’s capital markets team has been named to market a 193-acre development site encompassed by Highway 45, CR 172 and E. McNeil Road in the greater Austin area on behalf of the Robinson Family. Located at Highway 45 and MoPac Expressway and one mile west of I-35, future development will benefit with great access to not only Austin’s metropolitan statistical areas, but the rest of the state. The JLL capital markets team representing the seller for this offering is led by senior managing director Rusty Tamlyn, managing director Davis Adams and director Garrett Gilleland. “The completion of SH 45 N in 2007 divided this section of the family’s property from the remaining +/- 7,000 acres,” said Adams. “Because the site is isolated from the core of the family’s holdings, coupled with the strong interest they have received regarding the property, the Robinson Family has decided to begin marketing this site for sale, joint venture or ground lease.”

CBRE announced plans today to consolidate its three San Antonio offices in the Oxbow building at 1803 Broadway Street. The firm will relocate its 81 employees to approximately 17,000 square feet of office space on the top floor of Silver Ventures’ new eight-story building in Q2 2021. “We’re eager and excited to bring employees across multiple service lines together under one roof,” said Gardner Peavy, managing director of CBRE’s San Antonio market. “In addition to providing a world-class workplace environment, our new office will be steps away from the Pearl, one of the most vibrant, burgeoning mixed-use areas in the country. From being able to work independently or collaboratively in our space to meeting clients in the shaded outdoor courtyard or at a nearby café, our office will support the ever-changing needs of our employees and clients.” The new office is part of CBRE’s Workplace360 initiative, the company’s leading-edge approach to workplace strategy, designed to promote employee flexibility, mobility and productivity. Workplace360 offices feature a balance of workplace settings, including both collaborative and private spaces that employees can self-select to accommodate their hour-by-hour needs. The company’s in-house design practice will manage the workplace design. “Leveraging our architectural and interior design team, we can take lessons learned from our 80+ Workplaces360 offices around the world, as well as experience designing client workplaces, to bring our workplace strategy to life in San Antonio,” said Peter Van Emburgh, global lead of CBRE’s corporate real estate. Oxbow is located north of downtown San Antonio near the Pearl, the area’s premier mixed-use space featuring acclaimed restaurants and cafes, unique retail shops, public green spaces, a year-round farmers market, the award-winning Hotel Emma, residential, office space and more. The building includes ground-floor retail and restaurant space and shares a shaded courtyard, community fountain and community park area with the adjacent Credit Human building, which was also developed by Silver Ventures. CBRE’s Christi Griggs and Steve Thomas, who oversee the leasing and marketing for the Oxbow, represented Silver Ventures in the lease negotiations. Employee committees will participate in decision-making to create a unique office experience that caters to the surrounding San Antonio culture and history while also reflecting the CBRE brand.

NAI Partners recently arranged a 13-acre land sale for Hospice Austin at 3207 Ferguson Lane in Austin. Terms of the deal were not disclosed. NAI Partners’ Todd Mahler represented the buyer in the transaction.