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.

Beck-Reit recently represented the Landlord in an East Austin office listing. It was under contract within a week. The following tips detail how we made it happen.

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

In the last week of March, The East Austin Experts—Beck-Reit Commercial and others closed on 5 lots in East Austin to begin a killer surprise development project on E 7th Street.

Let us know if you’re interested in office, retail, or restaurant space on E 7th, and check back here for more updates as the project progresses and more details are announced.

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 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.

The Massimo Group is the top Commercial Real Estate broker/agent coaching organization in the world! This year for the first time, the Massimo Group hosted their first live conference event that was open to the public. The convention had several CREi Summit List makers on panels and in attendance. #DominateCRE. Here are a few of DeLea Becker’s takeaways.

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

According to research by BiggerPockets, women represent less than 2% of commercial real estate investors. This figure is surprising given that more women own and manage their own businesses today than ever before. Commercial real estate is an asset class that offers tremendous potential for growth, especially when you consider the current market conditions. However, most women are not investing in commercial real estate for one main reason: lack of knowledge about how it works and how they can get started investing. But this isn't true for Women In Commercial Real Estate. For Women in our profession, investing is squarely in our Circle of Competence.

There is potential to create $1 trillion dollars of value for women in commercial real estate by 2025 if we start investing like men. It's a $3.5 trillion dollar industry, and it's the largest one in the world.

If you have not already, you should check out the Real Estate Market Niche Show, hosted by Benjamin S. Kogut. The podcast features real estate powerhouses innovating the real estate industry across all relevant niches. Benjamin allows these professionals to give insight into their journey in real estate and through their expertise and experience, extend valuable information to listeners. Wednesday, August 17, 2022, our very own DeLea Becker will be featured on the Real Estate Market Niche Show. You won’t want to miss this episode and some insightful gems on the commercial real estate industry from the “Queen of East Austin”.

Feasibility is about to expire on the sale of our fully-leased, 20,000sqft Warehouse in Creedmoor, TX, which means we've got nearly $2M cash to place in a safe NNN investment.

We're willing to go up to $4M for the right property... send us a winner and we'll show you the money!!

Purchase Requirement:

• NNN Lease, Long Term Lease (5 year +)

• Strong Tenant (Community Oriented, Recession Proof Industry, Solid FInancials

• New Construction (2015-Present)

• Austin/San Antonio/Dallas/Houston Location

Read our latest BLOG POST to get the full scoop on our risky warehouse play, how we turned the opportunity into a BIG SUCCESS, and how we plan to #protectthegain given our history of 1031 Exchanges.