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...
downtown-austin-skyline-2
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...
Austin Community College (ACC) has recently entered a public-private partnership with Rackspace in which the tech company will relocate 570 employees to the new campus.  the San Antonio based company plans to occupy the old Dillard's space in late 2015.  This new partnership will also Read more...
wholefood
Austin-based Whole Foods confirmed their office space expansion plans for 2015.  A 40,000 square feet office space will be leased by the organic food retailer. The space is near the company’s headquarters located at West 5th and Bowie streets.  THey plan on occupying the additional Read more...
Austin Fraser, a British based company that offers recruiting services for IT and engineering professionals plans to open an Austin office during the first quarter of 2015.  They are going to start with 6 employees however have plans to grow the office and staff quickly.  Read more...
The Addison Group, and executive search firm who is currently leasing executive suites in the Arboretum is opening an Austin office.  They plan on launching their financing, accounting, executive search, and IT recruiting services with up to 16 staff. The announcement comes after a British Read more...
safeguardworldinternational
A British company is planning to expand its headquarters in Austin and will be hiring local workers who will reach 400 in the next five years. SafeGuard World International Ltd. is an employment and payroll outsourcing firm. Its headquarters is located at the intersection of Read more...