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!

🎉 Excited and Honored to Win the "Queen of East Austin” Award! 🎉

I'm absolutely thrilled to share that I've been selected as the recipient of the Economic and Community Improvement 2023 Award by CREW Austin. This award holds a special place in my heart as it recognizes the incredible journey I've had in East Austin over the past 23 years.

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!

What is triple net rent or N-N-N? Triple net rent, or N-N-N rent, is a type of commercial lease agreement where the tenant is responsible for paying all the operating expenses of the property in addition to the Base Rent. The operating expenses include property taxes, insurance premiums, and maintenance fees. This means that the tenant is responsible for all the costs associated with the property’s operation and upkeep, and the landlord is only responsible for the structural components of the building. Triple net rent agreements are commonly used in commercial real estate leasing situations where landlords want to pass the property’s expenses on to tenants without having to manage those expenses themselves.

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.

Once again, the Austin Area Heritage Council has organized the annual Martin Luther King Day Celebration and activities. The Annual Community March is a celebration of Dr. King and his legacy while promoting the importance of multiculturalism and diversity within Austin. This year’s celebration includes the march, the community festival, and a food drive.

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

East Austin Experts - How is the Commercial Real Estate Office Leasing Market Doing? What is the projection? Owner/Broker DeLea Becker shares insight from Costar.

Jan Buchholz of ATX Real Estate News writes an update on 1201 E Cesar Chavez’s construction, as well as some history of the project. Click to read further.

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?

Demand is high for East Austin Commercial Space.  Tenants are looking for all types of space to lease : office, retail, industrial, warehouse, bar, restaurant, church and event space.