CONCRETE IDEAS AND DYNAMIC SPACES

Join DeLea Becker at 'Austin Future Unveiled' for expert insights into Austin's construction and development trends shaping commercial real estate. Discover the latest on the evolving skyline, innovative spaces, and strategic investment opportunities. Ideal for real estate professionals, investors, and developers seeking to navigate the dynamic Austin market. Don't miss this deep dive into future-proofing your real estate ventures with advice from a leading industry authority.

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StoryBuilt: Receivership & Abandoned Projects

Beck-Reit aims to delve into the unraveling saga of StoryBuilt, exploring the company's rise, fall, legal battles, and the implications for the communities it has under construction. With over 14 of the projects underway we can expect the impact to be felt and there will be many that benefit from the opportunity. But not thier customers they made promises to in an Austin Business Journal Article in 2022 “We then saw the opportunities to expand beyond just acquisition and development and homebuilding and make sure we were managing our customers and properties for life.”

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East Austin is Makin' News & We Love Talkin' About it!

Just as people started gearing up for times reminiscent of a pre-pandemic world folks were stunned by the economic swing that has some holding on for dear life, literally, while others are watching for the uptick to take a leap into opportunities and increase their fortunes. We at Beck-Reit thought it would be helpful to compile some noteworthy East Austin news for our community of small businesses, owners, and investors. So, here’s what’s been happening in our neck of the woods!

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Retail Space in Austin - Low Retail Vacancy & High Demand

Times are surely changing and there’s no place like Austin for retail. Driving across America, you may likely find some vacant retail strips or ghost towns with empty stores but definitely not in Austin! Austin is just the opposite of a typical US city, with a surprisingly lower retail vacancy since 2020. The capital of Texas now has the lowest retail vacancy rate for any city in the State of Texas and is also one of the lowest in the country.  Competition is fierce in major Retail Areas such as the Domain and other trendy shopping streets like South Congress, 2nd street Downtown, Burnet Rd, and East Austin. Properties command high rent and spaces have multiple businesses looking at each sight and competing with each other to be selected by the Landlord.

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Disney and Central Texas Land

Disney has been buying up land around Jarrell, Texas for years now. The latest rumor is Disney bought 9,000 acres between Solado and Jarrell. What is Disney planning on building on all the land they’ve purchased? Salano Ranch - 9,000 acre Family Owned ranch set to close by June 2023

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NIL Contract Negotiaition VS Commercial Real Estate Contract Negotiaiton

Michelle Anderson recently negotiated her son’s - Dylan Disu- NIL (Name, Image, and Likeness) contract at the University of Texas. Here is her take on similarities between NIL contract and commercial real estate contract negotiaitons.

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