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!

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.

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.

Welcome to an exhilarating episode of The Texas Triangle, where we dive deep into the ever-evolving world of office spaces. Join our hosts as they explore innovative design concepts, community-building strategies, and the surprising connection between commercial real estate and the trendy sport of pickleball. Get ready for a journey that fuses work, creativity, and boundless possibilities!

DeLea has been a guest on many podcast, YouTube shows, panels and such. Have a listen, her personality shines through - she doesn’t hold much back. Check out the #PowerBeacon Library

Beck-Reit is no stranger to 1031 exchanges. In fact, you may call us the 1031 experts. In 2022 we closed two 1031 exchanges, and have never failed. The rigorous timeline to identify a property to purchase before Uncle Sam tries to swoop in and grab his “share” can be intimidating for most, but our meticulous process makes every one of those 45 days of the identification period count.

The CREi Summit is the only conference of its kind where commercial real estate industry leaders share their best practices for honing and delivering marketing messages that win. Establish your own plan for thought leadership, a stronger personal brand, and close more deals. Your success blesses others!

The Mann Report publication wrote an inspiring article geared towards to importance of bringing owners into CRE. It’s no surprise that Beck-Reit’s own DeLea Becker was top of mind on this topic, as bringing more women into Commercial Real Estate is probably her favorite passion project.

The Texas Triangle Podcast had the honor of gaining insight from esteemed Dr. Lloyd Potter, Texas State demographer for their debut episode. Dr. Lloyd Potter was appointed State Demographer on June 4, 2010. Dr. Potter holds a Ph.D. in Demography and Sociology from The University of Texas at Austin, a Master of Public Health Degree from Emory University, a Master of Science in Education from the University of Houston at Clear Lake, and a Bachelor of Science from Texas A&M University.

Bisnow hosted its very first Inaugural Women Leading Real Estate Awards featuring their inaugural class of Austin Trailblazers including Beck-Reit’s very own DeLea Becker. These accomplished women discussed everything from previous careers, recessions, and attempting to maintain a work-life balance.

Check out a few of DeLea’s Takeaways.

Live podcast and put on YouTube for everyone to watch. DeLea Becker spends an hour with Lisamarie Wand talking about all aspects of Commercial Real Estate. Especially - buying and owning Commercial Real Estate!

Bisnow is honoring Austin’s most influential trailblazers - Top-level women executives and industry powerhouses who influence the way commercial real estate is done in ATX. Read the article full of quotes by our Founder DeLea Becker : “Building The Plane While Flying It”: Women In Austin CRE Are Soaring

Searching in San Antonio, Austin, DFW, Houston and everywhere in between - #TexasTriangle

• Looking for up to $1 million

• Office / Industrial / Retail

Please send over any and all options! delea@beckreit.com & office@beckreit.com