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Topics such as Commercial Real Estate, Finance Updates, Insurance and other factors that can impact your portfolio.
Wednesday, December 31, 2014
Pad Site For Sale in Buda, TX
Tuesday, December 30, 2014
Investment Opportunity in Austin near the University of Texas
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Thursday, December 18, 2014
Press Release-Austin, TX: Just Closed: 68 Unit MultiFamily
Press Release-Austin, TX: Just Closed: 68 Unit MultiFamily
AUSTIN, TEXAS, (12/18/14): Announcing the closing of Goodwin Apartments at 3706 Goodwin Avenue, Austin, TX a 68 unit multifamily complex near Airport Boulevard & Oak Springs .
Jim Young CCIM, and Nick Nelson CCIM, of KW Commercial, represented the Buyer, a multifamily investment group. The deal was especially notable, because it was put under contract, and closed in less than 7 days. Gracy Title’s Bob Roberts was especially helpful in clearing the way to a quick closing. The new owner plans to do a value add of the property.
“this area of East Austin is growing rapidly. Torchy’s Tacos has moved it’s headquarters nearby, and there are a host of new activities & events coming into the area.” – Jim Young, CCIM
Jim Young, CCIM | |
1801 S Mopac, Suite 100, Austin, TX 78746 | |
Tuesday, December 16, 2014
West Anderson Lane Site - Sold!
PRESS RELEASE: AUSTIN, TX (12/15/14) - Announcing the sale of a .358 acre site with a 4,700 SF warehouse at 1417 West Anderson Lane in Austin, TX. Randy Guzinsky, of KW Commercial, represented the Buyer, a local commercial investment group. The seller was represented by Randy Beaman of Capella Commercial. This property was never on the market and was sold in an off market status. This transaction was especially notable for Buyer Agent Randy Guzinsky who is new to the commercial real estate industry, but not new to sales. Randy has been a commercial agent for approximately 90 days but he located both the Buyer, his client, and this off market transaction.
"West Anderson Lane is quickly becoming a hot area like Burnet Road, South Congress, & South Lamar for both retail and multifamily. " -Randy Guzinsky
"Our plan is to get all of our team members through the CCIM designation program. We believe in the future success of Randy and committed to fund his tuition for his first CCIM core class based on his performance and drive to learn the commercial real estate business." -Nelson and Young
Click here to view our current Retail Buyer's Investment Criteria
Randy Guzinsky
512.497.7241
Email
Nick Nelson, CCIM
512.906.6757
Email
Jim Young, CCIM
512.565.7509
Email
Monday, December 8, 2014
Lot for Sale with Revenue Generating Home in Wimberley, TX
325 FM 2325 | Wimberley, TX 78676
Priced at $199,999
Occupied rental property with significant appreciation opportunity on a main street in Wimberley. Maintain property as is or demolish and redevelop. Located directly across from the 48,000 SF site for the new HEB on FM 2325.
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· House on property cash flowing $360/week downstairs and $525/month upstairs.
· 3 bedroom/1 bath
· Zoned: Commercial
· 1,786 SF
· Lot Size: .27 Acres
Friday, December 5, 2014
Fwd: CDXMail: Retail, Lease, Austin, TX - Retail/Office Space for Lease near University of Texas
Subject: CDXMail: Retail, Lease, Austin, TX - Retail/Office Space for Lease near University of Texas
- Site is blocks from the University of Texas campus
Click here to view the flyer
- Suites available ranging from 1132 SF to 5543 SF
- The University of Texas is one of the strongest economic drivers of Austin, Texas. With current enrollment of 51,000 students and approximately 24,000 employees, the UT campus has a higher daytime population than the City of Georgetown. The 2010 Census indicates this block group to be the highest density in population for it's size in the Austin MSA.
University TowersThe University of Texas is one of the strongest economic drivers of Austin, Texas. With current enrollment of 51,000 students and approximately 24,000 employees, the UT campus has a higher daytime population than the City of Georgetown. The 2010 census indicates this block group to be the highest density in population for it's size in the Austin MSA.
Location
801-819 W 24th St Austin, TX 78705 Park/Complex Name: University Towers Market: Central Submarket: Cross Streets: SW of W 24th St and Rio Grande St Listing Summary
Available SF 11,738 SF Min Div 1,132 SF Max Contig 5,543 SF Sublease No Rate $16.00 NNN Taxes/SF Operating Expenses/SF Property Description
Building Size 263,243 SF Status Existing Lot Size 1.22 Ac. Major Tenants Specific Use General Year Built 1969 Parking Spaces Austin City Realty Year Renovated Campus Condos Available Suites
Unit SF Avail Min Div Max Contig Rate Space Type TI Allowance Available 23-C 1,132 1,132 1,132 $16.00 NNN Now Comments: 23-N 5,543 5,543 5,543 $16.00 NNN Office Comments: 24-B 1,831 1,831 1,831 $16.00 NNN Now Comments: 24-H 3,232 3,232 3,232 $16.00 NNN Now Comments:
KW Commercial Nick Nelson (512) 906-6757 Jim Young, CCIM (512) 565-7509
618719
Nick Nelson
KW Commercial - Austin Southwest
nick@kwcommercial.com
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Press Release- Just Leased- 7430 Burnet Road -BURNET KINGS
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Press Release- Just Leased- 7430 Burnet Road -BURNET KINGS
BURNET ROAD SITE– LEASED (Another Burnet Road Deal. 4th Deal in 90 Days on Burnet)
AUSTIN, TEXAS, (12/5/14) — Announcing the lease of the former sticker/inspection station at 7430 Burnet Road 7430 Burnet Road, Austin, TX. Jim Young CCIM, and Nick Nelson CCIM, of KW Commercial, represented the Tenant, a local entrepreneur who will be opening a tire sales & automotive service center. The Owner of the building operated his State inspection sticker business & auto center for 20+ years.
"Burnet Road is quickly becoming a hot area like South Congress, & South Lamar for both retail and
multifamily. We are actively working with Burnet Road property owners to bring these deals to fruition. We are working several other off market deals in the Burnet Road area. This is our 4th deal in 90 days on Burnet Road. Stay turned for several more… "
Click here to view our current Retail Buyer's Investment Criteria
Jim Young, CCIM | |
1801 S Mopac, Suite 100, Austin, TX 78746 | |
Thursday, December 4, 2014
Retail/Office Space for Lease near University of Texas
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Wednesday, December 3, 2014
Spaces for Pre Lease in Buda
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