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.

DeLea Becker and Mark Vornberg met for the first time in 2017 for lunch at an old-school dinner in East Austin - Chu-Mikals. Excited to announce our first Partnership in a Commercial Real Estate Development together. 2422 East 7th - 50,000 SF Office and Retail Building in their beloved neighborhood - East Austin

See Below for an Overview of the last 6-months at Beck-Reit Commercial Real Estate, and Scroll to the Bottom for DeLea’s Notes and Takeaways from Rednews' Recent AUSTIN RETAIL FORECAST PANEL

This is not DeLea’s first rodeo, she has sat on the Red News Forecast Retail panel before. This is her 3-peat performance and the 1st time was the day before the pandemic shut down the world and she recalls an uncommon prediction that was in line with the outcome. Read about it in her blog below. You won’t want to miss DeLea talk about retail numbers, strategies, adaptive reuse, e-commerce impact, and trend analysis predictions.

Chili's Restaurant coming to East 6th Street and Waller in East Austin.  Is it true or a hoax?  Records show the property sold in 2016.  Keep Austin Weird?

A Leasing Expert knows the intangible qualities to location and building/space types that speak to owners, employees and customers to match the culture that fits their vision.