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In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Follow me on Twitter for live news updates. GSA Acquires Site...

Full article: In The Pipeline: Construction and Development News for Sept. 4 – 10 ...

Tags: Austin, CoStar Group

This week's People of Note includes the following markets: Boston, Jacksonville/North Florida, Retail and San Francisco. SAN FRANCISCO Maushardt To Head Western Acquisitions for Wood Partners Wood Partners named Jane Maushardt as senior vice president of acquisitions for California, Colorado, Arizona and the Pacific Northwest. She will oversee the company’s apartment property purchases in the western U.S. Maushardt has more than two decades...

Full article: CoStar’s People of Note (Aug. 28-Sept. 3) ...

Tags: Austin, CoStar Group

Northland Investment Corp., a Maine-based property investment firm, acquired the 606-unit apartment complex in northwest Austin, TX, from AMLI Residential Properties Trust for $50 million, or about $95 per square foot. Built in 1995, the 524,660-square-foot complex consists of 30 buildings at 11915 Stonehollow Drive. The property is an Urban Greenbelt site. The property is near Austin MSA, IBM, Austin Community College, The Domain and Arboretum...

Full article: Maine Group Pays $50M for Austin Apt. Complex ...

Tags: Austin, CoStar Group

The Industrial vacancy rate in the Austin market area increased to 13.2% at the end of the second quarter 2011. The vacancy rate was 12.8% at the end of the first quarter 2011, 12.6% at the end of the fourth quarter 2010, and 13.1% at the end of the third quarter 2010. Flex projects reported a vacancy rate of 20.2% at the end of the second quarter 2011, 20.3% at the end of the first quarter 2011, 19.6% at the end of the fourth quarter 2010, and...

Full article: MARKET TREND: Austin’s Industrial Vacancy Sees Slight Increase in Q2 2011 ...

Tags: Austin, CoStar Group

During the second quarter 2011, one building totaling 4,285 square feet were completed in the Austin market area. This compares to 0 buildings totaling 0 square feet that were completed in the first quarter 2011, four buildings totaling 31,500 square feet completed in the fourth quarter 2010, and 11,250 square feet in one building completed in the third quarter 2010. There were 380,695 square feet of Industrial space under construction at the end...

Full article: MARKET TREND: Austin’s Industrial Deliveries and Construction in Q2 2011 ...

Tags: Austin, CoStar Group

Net absorption for the overall Austin Industrial market was negative (294,310) square feet in the second quarter 2011. That compares to negative (200,005) square feet in the first quarter 2011, positive 404,057 square feet in the fourth quarter 2010, and negative (219,570) square feet in the third quarter 2010. Tenants moving out of large blocks of space in 2011 include: Daryl Flood, Inc. Mobility Solutions moving out of (46,950) square feet at 2400...

Full article: MARKET TREND: Austin’s Industrial Market Sees Negative Net Absorption in Q2 2011 ...

Tags: Austin, CoStar Group

By: Steven Burlison Fifth Third Bank, the diversified financial services provider, signed the largest lease renewal in downtown Chicago so far this year and expanded its previous space at 222 S. Riverside Plaza by 35,000 square feet. The firm now occupies 218,125 square feet in the building, more than double the original 100,000-square-foot space it first moved into in 2005. Fifth Third Bank's newly expanded office space includes a ground floor...

Full article: Lease Up: Fifth Third Bank Expands to 218,135 SF in Chicago ...

Tags: Austin, CoStar Group

This week's People of Note includes the following markets: Atlanta, Boston, Chicago, Dallas/Fort Worth, Los Angeles, New York, Northern New Jersey, Philadelphia and Retail. LOS ANGELES Studley Taps Media Services Exec as Managing Director Studley promoted office specialist Robert Cavaiola to managing director. The former associate director is based in West Los Angeles and works with companies in the entertainment, media a

Full article: CoStar’s People of Note (August 21-27) ...

Tags: Austin, CoStar Group

This week's People of Note includes the following markets: Baltimore, Charlotte, Chicago, Inland Empire, Los Angeles and Retail. CHARLOTTE Lomax To Head Operations for CBRE in Charlotte Henry C. Lomax Jr. joined CB Richard Ellis Group (NYSE:CBG) to oversee its operations in Charlotte. Lomax assumed the title of managing director after serving as chief investment officer of Crescent Resources, one of the largest commercial property d

Full article: CoStar’s People of Note (August 14-20) ...

Tags: Austin, CoStar Group

Longhorn Steakhouse purchased a 1 acre pad site at Southpark Meadows III in Austin from Endeavor Real Estate Group for $1 million. The site is on Interstate Highway 35 in front of Sam’s Club within the Southpark Meadows III shopping center. The pad will be the new home of a 6,000-square-foot Longhorn Steakhouse restaurant. Will Majors of Endeavor Real Estate Group represented the seller. Neil Kieschnick of United Commercial Realty represented...

Full article: Longhorn Steakhouse Buys Pad Site for $1M ...

Tags: Austin, CoStar Group