NEWS
CIP is proud to have had Robby Eaves, CCIM and Phil Morris represent Escuelita del Alma in securing their new location amidst the challenges posed by the I-35 expansion project. This Spanish immersion daycare and preschool, a cornerstone of our community, has faced displacement not once but twice due to urban development. Escuelita del Alma's dedication to providing a nurturing and culturally rich environment for our children is truly inspiring. Despite the upheaval, their commitment to preserving the heritage and language of their students remains steadfast. The I-35 expansion impacts over 100 properties, including many in environmentally sensitive areas. Navigating this complex relocation process has highlighted the resilience of the Escuelita community. Parents, staff, and supporters have rallied together, ensuring that the school continues to thrive. As Austin grows, it's crucial that we balance development with the preservation of our cultural institutions. I look forward to seeing Escuelita del Alma flourish in its new home on Bluestein Drive, continuing to offer invaluable educational experiences to our children. Click here to read more about the challenges face by Escuelita del Alma.
Stay updated with THE SOURCE for all industrial news at CIP Austin, Texas.
Hance Scarborough, LLP has signed a lease at the Texas Bankers Association headquarters building at 203 W 10th St in downtown Austin. Glen Sorrel of Commercial Industrial Properties represented the tenant in this transaction. Hance Scarborough is a firm that represents and counsels clients in matters involving regulatory and public policy law. They are expected to occupy the space in the fall of 2024. You can read more about the transaction by clicking here.
SOLD! 8871 TALLWOOD DRIVE
Austin MSA Medical Office Q2 2024 Report
LEASED! MEDICAL OFFICE ON WILLIAM CANNON This past June, Jeff Ecton and Robby Eaves, CCIM joined forces with Austin Spine & Rehabilitation to transform their workspace. The expanding practice had outgrown their old space, and they needed something more suited to their needs without breaking the bank. Challenge accepted! We walked them through the process of relocation vs. staying in the current location and all the factors it would entail. In record time, we found a 2200 square foot space that ticked all the boxes. The new location in Stonegate Two off William Cannon was ideal, not too far from their earlier location in the Medical Village off SW Parkway. It was larger with a better layout and wallet friendly. Plus, the new suite was almost ready to go, slashing their relocation expenses significantly. At CIP, we understand that besides the cost human resources, real estate is usually your largest expense. Looking to upgrade your workspace? Our medical office team is just a call away, ready to help you find your ideal space. Let the team at CIP help you make it happen!
CIP WELCOMES BRIAN E. SMITH CIP would like to introduce our newest team member, Brian E. Smith . Brian is a forward-thinking real estate advisor, investor, entrepreneur, and community leader. As an Associate at Commercial Industrial Properties, he serves as a trusted source for acquisitions and dispositions, leasing, land development, and the entitlement and construction of light industrial projects. Brian brings over 18 years of experience in finance, business, and commercial real estate, where he specializes in brokerage and development. Given his former background in building and managing an industry-recognized wealth management firm, Brian has become an expert in business operations, leadership, capital raising, and mergers and acquisitions. Brian’s knowledge of leasing operations and industrial development gives him a competitive edge when working with clients across the commercial real estate space. We hope you’ll join us in giving Brian a warm welcome! Brian E. Smith Associate brian@cipaustin.com 512-682-1014 office 512-731-4132 cell
LEASED! RETAIL ON N LAMAR Robby Eaves, CCIM and Evan Bole represented the landlord in the leasing of 7503 N Lamar. The entire 4,009 SF space will be occupied by Flow Nocturno.
SOLD! 6,244 SF IN ROUND ROCK Robby Eaves, CCIM of CIP was the buyer rep in the purchase of 6,244 SF at 1201 Northwest Drive and 203 Laurel Drive. The buyer was Texas Spanish Academy, a specialty immersion school that specializes in early bilingual education.
SOLD! 4 ACRES NEAR SAMSUNG Josh Hubka, CCIM represented the Seller of 4.06 acres at the NEC of Parmer Lane and Yager Lane in NE Austin. Situated in the ETJ, the property has flexibility on its use and is immediately across the street from EastVillage and one block east of Samsung.
LEASED! OFFICE SPACE IN NORTHWEST AUSTIN Commercial Industrial Properties is pleased to announce that Datacom Design Group has just moved into their new office at 9111 Jollyville Road in Austin. They were represented by Evan Bole of CIP, who helped them relocate to the 2,909 SF space. Datacom Design Group provides highly specialized technology consulting and professional design services to Owners, Architects, and Project Developers.
SOLD! 21 ACRES IN HUTTO Lee Ellison, ALC of Commercial Industrial Properties represented the seller in the sale of 21 acres located at FM 1660 and CR 137 in Hutto, TX. The land will be used for multifamily.
JUST LEASED! RETAIL SPACE ON THE DRAG Kim Nordquelle of CIP represented the tenant in the leasing of 2508 Guadalupe. The 1,050 SF space is across the street from the University of Texas Campus and will be used for a high end vape shop.
JOIN US AT ICSC! Did you know CIP does Retail, Analytics and Development? We’re back so lets chat! Reach out to schedule a meeting with CIP’s retail team in Vegas.
LEASED! 8,164 SF IN HUTTO Kim Nordquelle and Evan Bole represented the landlord in the leasing of 485 Chris Kelley Blvd in Hutto, TX. Action Behavior Centers, represented by Chad Jewell, leased the entire 8,164 SF building on a ten-year term.
SOLD! 12 ACRES IN BUDA CIP is proud to share the sale of 12 acres at 18200 IH-35 in Buda, TX. Josh Hubka, CCIM and Joyce Weedman represented the Seller. The Buyer was an industrial developer.
SOLD! 6 ACRES IN ELGIN CIP would like to congratulate Josh Hubka, CCIM , in the sale of 6 acres on Roy Rivers Rd in Elgin, TX. Representing the Seller, Josh sold the site to a multifamily developer.
PHIL MORRIS EARNS COSTAR POWER BROKER AWARD Congratulations to Phil Morris for being recognized by CoStar as a 2021 CoStar Power Broker Quarterly Deals winner for Q4!
SOLD! 6.9 ACRES IN KYLE CIP would like to announce the sale of 6.9 acres on Dacy Lane in Kyle, TX. Josh Hubka, CCIM and Joyce Weedman represented the seller.
SOLD! 65 ACRES IN SAN MARCOS Bob Springer, CCIM of Commercial Industrial Properties sold 65 acres in San Marcos along SH 80.
SOLD! 3.8 ACRES NEAR SLAUGHTER LANE Robby Eaves, CCIM and Jerred Morris represented the seller in the sale of 1802 & 1804 Oak Hill Lane in Austin, TX.
SOLD! 16.3 ACRES IN HUTTO Lee Ellison, ALC represented the seller of 16.3 acres in Hutto at FM 1660 and CR 137 to a national multifamily developer.
SOLD! 8105 EXCHANGE DRIVE Robby Eaves, CCIM and Evan Bole of CIP represented United Tissue Resources in their acquisition of a 8,203sf building located at 8120 Exchange Drive in Austin Texas. Special thanks to David Dawkins and Stephen Pannes who represented the seller, United States Tennis Association.