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MetCenter Business Park located in Southeast Austin on Metro Center Dr was recently purchased by Digital Realty Trust, a San Francisco based real estate investment trust (REIT) for $31.9 million.  MetCenter Business Park is a six building portfolio that was developed by Zydeco Development and is currently 90% occupied. Met Center is Southeast Austin Class […]

The University of Texas’ Longhorn Startup program has recently established to help student enterpreneurs fine tune and launch new business ventures. The program is a joint venture between UT’s College of Natural Sciences, the Cockrell School of Engineering and McCombs School of Business. So far the program has averaged 10 business concepts per semester. The

Austin Ventures plans to raise a $450 million fund to focus on the development of early-stage startups. This represents a shift for Austin Ventures, which has focused primarily on less risky late-stage companies with a $900 million fund it raised in 2008. From that fund, $600 million was allocated for investments in growth equity deals,

The process of finding and leasing office space can take longer than you think if you don’t have the right knowledge, tools, resources, and help.  It can be complex however if you start early (at least 6-8 months before your existing office lease expires) you will have plenty of time to find and lease office

Datical, an Austin-based software maker, has completed a round of $1 million financing. The company was founded in 2012 and develops database software. Datical was founded by local entrepreneurs Robert Reeves, Daniel Nelson, and Pete Pickerill. Datical is not the first venture for the three entrepreneurs. Their previous business, Phurnace Software, was acquired by BMC

According to a study released by NerdWallet, Austin has been ranked as a top city for working women. Austin claimed the 4th spot in the study, which looked at 366 metro areas and assesed them based on highest pay, smallest gender gap in salaries, and population growth from 2010 to 2012. To see more on

If you lease office space and you are late on your rent payments you will typically be in default on your lease contract and the landlord will charge you late payment fees………… Unless you live in Waynesvill, Ohio and lease office space from Ron Kronenberger! Ron Kronengerger, who owns an office building in Ohio recently SPANKED one of

According to the Census Bureau Austin is now the 11th largest city in the U.S.  Because of Austin’s growing population which averages about 50 new people per day it lept past Indianapolis and Jacksonville.  The 2012 Austin population was estimated at 842,592 by the Census Bureau. This economic and population growth is no accident according to May Lee

Cousin’s Properties, who was responsible for the development of Austin’s Frost Bank Tower is breaking ground next week on a 29 story office tower in downtown Austin, Tx.  The new office building, named the Colorado Tower, will have a workout facility, building conference room, and other Class A amenities.  Expected completion date is November 2014. The

Average cost for commercial office space in Austin, Tx will vary depending on the type of office building (e.g. Class A, B, or C), location, and how landlords quote their office rental rates.  As you look and and compare office buildings make sure you ask each landlord what ALL is and what ALL is not included