San Antonio based Rackspace is planning on expanding its Austin presence and moving its operations into new office space at the Former Highland Mall where the ACC campus is located.  The plan is to lease 185,000 sf of space that was formerly the Dillard's Department Read more...
With 18,000 apartment units currently under construction rental rate relief maybe on the horizon!  After years of escalating rental rates and lack of supply tenants could see concessions coming back. There is a lot of Class A apartment units scheduled to enter the market which Read more...
In downtown Austin there is over 750,000 sf of office space under construction.  Historically when you have that much new office space being built you would expect the occupancy rate to decrease and more space to be available. In this market that is not the Read more...
Austin office space lease rates go up and down depending on a number of factors including current occupancy rate, demand for space, job growth and demand, etc.  When demand for space goes up and supply is down..........rental rates go up. We do our best to Read more...
After months of work HomeAway has finally opened it's 4th office in Austin. Located at 11800 Domain Blvd in Austin, Tx, the new office is 114,665 sf and will be home to 750 employees. The employees asked for a North Austin office and the CEO Read more...
AngelSpan Inc, a California based investor relations service for startups is planning on opening an Austin office.  The goal of their service is to help startups engage and communicate with stakeholders and investors.  Typical clients are startups with more than $750,000 in investment capital and have the Read more...
Thanks to an appearance on ABC's Shark Tank, Austin startup BeatBox secured a $1M investment from Mark Cuban!  Founder and CEO, Justin Fenchel said their phones have not stopped ringing since the episode aired from companies, distributors and retailers from multiple states and countries who Read more...
Developers of the future Fairmont Austin Hotel have secured the financing necessary for the project to break ground in November 2014.  Manchester Texas Financial Group were able to secure the $370 million from Colony Capital LLC. The downtown Austin hotel project will be located at Read more...
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Rock Media Candy (RCM) is not just an ordinary marketing firm. In its quest for searching a new office space as part of business expansion, RCM created a flick that depicts the challenges faced by startups and other companies in looking for their perfect office Read more...
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The Austin-based University of Texas is planning to allocate an annual $6 million budget for their school athletes. This is in response to the court rulings about compensating school athletes as university or college employees. The plans were discussed by Steve Patterson, UT’s athletic director. Read more...