sizmek opens austin office
Digital advertising company Sizmek, Inc has recently leased 17,077 sf at the IBC Bank Plaza in Downtown Austin.  Located at 500 West 5th Street, IBC Bank Plaza is one of the newest class A office buildings in Downtown Austin. Sizmek was recently located in North Read more...
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The 2014 American’s Best New Restaurants, as announced by Bon Appetit Magazine, includes three Austin nominees. These contenders for this prestigious compilation are the following: 1. Odd Duck – this eatery is recommended for its scrumptious ceviche with peppers, field pea salad and grilled lamb Read more...
Google has recently committed to leasing office space at the former Austin Children's Museum in downtown Austin.  The site which is located on 201 Colorado St is approximately 22,000 sf.  Kelly Mason, Google spokeswoman has confirmed this however declined to give details on when they Read more...
According to an article in Forbes Magazine Austin, Tx has climbed the ranks over last year to become the 3rd coolest city in America!  Results were based on a number of factors including arts & culture, recreation, food, recreational activities, and demographics ranging from ages 20 Read more...
increase property value
There are rising challenges in downtown Austin that are really hurting small businesses. One of them is the increasing property value. This is a growing problem, especially to the entertainment district along Red River Street and East Sixth Street. Club owners said that the rate Read more...
capital investment
Austin has achieved more than 78% growth in the second quarter in the field of investment collections. Local businesses collected an amount of $175 million from investors as compared to $98.1 million same quarter last year. Mid-year comparison shows that Austin companies received $393.5 million Read more...
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Encore Semi Inc., a semiconductor chip designer company based in San Diego, California, announced the opening of its Austin office last Tuesday. The national expansion also covers new offices in three other cities namely Boston, New Jersey and San Jose, California. Each office employed sales Read more...
office space
According to studies on business costs, Austin is the second most expensive city to do business in Texas. It was also ranked 51st in real estate costs and measure of wages. The availability of workers is still a challenge to employers in the Austin area. Read more...
office rents high in Austin
Thanks to a few companies who have downsized and taken less office space in Austin the vacancy rate has softened a bit, however rents are still high. SolarWinds relocated to the AMD campus at 7171 Southwest Parkway where they leased 225,000 sf. They were at Read more...
It's official! Case McCoy, Quarterback at Texas is forgoing the world of pro football and launching a career in Commercial real estate. He recently accepted a position with HPI real estate company in Austin, Tx and will be working on the corporate services team. McCoy Read more...