Commercial Real Estate Blog, Tips & Trends, News

TechRanch Austin to work with Singapore Business Incubator

TechRanch Austin, an Austin-based technology incubator, is making plans to parter with Singapore-based Get2Volume to grow technology companies in both regions. Get2Volume is funded by the National Research Foundation in Singapore, and invests and mentors microelectronics companies. Both TechRanch Austin and Get2Volume aim to nuture startups and believe partnering will help their respective causes. TechRanch […]

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Austin Restaurants May be Forced to Compost Food Scraps

Within 3-4 years Austin restaurants may be forced to compost food scraps. The Austin city council is voting this week on this potential mandate. In an effort to reduce landfill wastes and help the environment the city is pushing to make this happen. Some restaurants such as Eastside Pies are already doing this. According to

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M87 Raises $500K From University of Texas

The Austin-based software company M87 received a $500K investment from The University of Texas System Horizon Fund. M87 develops software that allows mobile devices to strengthen their wireless signals by utilizing other devices with stronger receptions. The $500K is part of a $1 million round of financing that M87 started in January of this year.

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816 Congress sells for $102.4M

816 Congress, a 20-story downtown office building, was acquired by Cousin Properties for $102.4 million. Currently the 434,000 square-foot Class A building is 78 percent leased to its tenant base. The building was constructed in 1983. Cousin Properties is planning to build an office tower at 3rd and Colorado. The company previously completed downtown Austin

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Austin Airport one of America’s Most Efficient

According to a study by CreditDonkey on America’s most efficient airports, Austin Bergstrom International Airport (ABIA) ranked as America’s 7th most efficient. ABIA earned it’s high ranking for having a 84.66% rate of on-time departures, an average delay rate of 8.9 minutes, and an average taxi-out time of 11.9 minutes. The list states that San

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Austin Tenant Advisors Helps Retail Client Heartsong Save $50,000

Heartsong Music, an award winning child music program for infants, toddlers, and preschool kids needed help with their Austin retail space lease renewal—and they needed it fast. After searching for the right company to help represent them, they trusted Austin Tenant Advisors to help them through the process. Situation Heartsong Music was occupying 3,656 sq

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Downtown Austin Office Tower IBC Bank Plaza Breaks Ground

Located at 500 West 5th St., the IBC Bank Tower, is the first downtown Austin office building to break ground in over 10 years. The office tower is scheduled to open its doors in the spring of 2014. Plans are for the building to have 195,000 sf of rentable office space, which is just in time as

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Austin Makes Top 10 Worst Cities for Traffic in America

According to INRIX, a data technology company that tracks traffic congestion and other traffic information, Austin Tx was the 4th worst city in America for Traffic in 2012. Los Angeles, Honolulu and San Francisco were ahead of Austin by a few hours. The study analyzed traffic in 100 of the nations largest metro areas and tracks how

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What Every Entrepreneur Should Know

Austin Business Journal has posted an informative video on entrepreneurship from New York Angels Chairman Brian Cohen. Brian Cohen has recently authored a book called “What Every Angel Investor Wants You to Know”. Among other tips, Brian Cohen stresses that entrepreneurs must do their due diligence when persuing a new business venture, and that entrepreneurs

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Patient Conversation Media Raises $350K

Austin-based Patient Conversation Media has raised $350,000 out of a planned $3 million round of financing. The company was founded in 2009 as 1-800-Therapist LLC and focuses on publishing news and medical information for doctors and patients. The company currently employs 70 workers in the Austin area. The company has shown exceptional growth since its

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