Tuesday, April 4, 2017

East Riverside Update: by Jim Young, CCIM

Follow Jim: Twitter: @jimyoungcre  LinkedIn-Link 512-565-7509

#eastriversidedrive

What’s happening this week on East Riverside Drive?

Details are hitting the brokerage world about 6400 East Riverside Drive. You may recall, last year, I represented the Seller of 6400 East Riverside Drive which sold to a local (Newslink here) A flyer began circulating with details of the upcoming project, the aerial below, and other info: --Link Here-

 

 

 

 

 

 

 

 

 

 

About Jim Young, CCIM

Army Veteran, and graduate of the United States Military Academy at West Point. My career has spanned the last 19 years operating companies & partnerships focused on real estate & finance. After serving as a tank officer, I moved to Austin. Recent assignments have included Buyer Representation of apartment complexes, and multifamily development sites near downtown Austin's East Riverside Drive area.  I currently serve as the 2017 Central Texas Chapter PresidentCertified Commercial Investment Members (CCIM).

In brokerage, I have focused on acquisition and disposition assets such as retail centers, multifamily, and land development sites for both. I have represented International and local Investors, as well as Business Owners on sale-leaseback transactions, and build to suits. Since 2010, provided representation on over $192M of CRE transactions. I have national credit tenant experience with: Starbucks, Einstein's Bagel, Verizon, AT&T Wireless, and more. Additional areas of expertise include: Multi-Family (apartment) acquisition & disposition; and land for multifamily, mixed-use and retail development. Prior to commercial brokerage, I was Founding Partner in a real estate investment company which placed in the Top 25 of Austin Business' Journal from 2003-2007, and successfully ran a private fund which provided high yield construction funding to solar power installers, secured by energy rebates, and tax credits as collateral on apartment projects.  As a Principal, I have participated in the development, construction and sale of over 100+ projects that I was a Partner, or personally guaranteed the Debt.  I have recently competed projects such as purchasing a bank building from the FDIC, and other retail sites.

 

Jim Young, CCIM, Broker

Sabot Development, Ltd

jyoung@sabotdevelopment.com

512-565-7509

 

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