NAI Austin Real Estate Blog

ACE Cash Express, a member of Financial Service Centers of America (FISCA), provides financial services including check cashing, bill pay and short-term consumer loans; and it has over 38 million customers.

NAI Austin’s Retail Specialists Leo Morales and Sherry Sanchez negotiated the lease of 2,900 square feet in the Lakeway Town Center to Seanlee and Paul Chan. Located at 2121 Lohmans Crossing Road, Suite 500, the Chans plan to use the space for a Vietnamese and Thai restaurant.

Phase II of Lakeway Town Center is still leasing space to tenants. The 31,000 square foot center is ideal for retailers and restaurants and has various suites from which to choose. For more information about leasing in Lakeway Town Center Phase II, contact Leo Morales or Sherry Sanchez. For more information on the Lakeway office or retail market or properties, contact the professionals at NAI Austin through www.naiaustin.com.

Amber Oaks has added two new buildings: an addition of 150,000 square feet to the already existing 10-building office park located at the southwest corner of RR 620 and Parmer Lane in northwest Austin. The new buildings H and I have 100,000 square feet 50,000 square feet respectively, with a parking ratio of 5:1,000. This new addition was completed last September and no leases have been signed for space in the new buildings.

Amber Oaks is conveniently located next to Lifetime Fitness, a 120,000 square feet fitness center with various playing courts, a rock-climbing wall, pool and state-of-the-art equipment. There are 40 restaurants within two miles of Amber Oaks, and developers are adding three retail pad sites.

This 15,512 square foot site includes a commerical building formerly known as the Gorbet Building. The new owners plan to remodel the building to house a new, Austin-original, Argentine-style restaurant.

As more Austin-area developments are looking to become LEED certified to reduce their impact on the environment, they are also moving up in their environmental certification.

Last week, a North Austin office development, which started construction in January, became gold LEED pre-certified as a result of its energy and water efficiency, use of local and recycled materials and the provision of facilities for bicycling commuters. Located at Oak Creek Drive and MoPac Expressway, Oak Creek Plaza is a Class A 50,000 square foot office building on four acres of land near the Capital Metropolitan Transportation Authority’s commuter rail. Real estate developers have figured out that developing LEED certified office buildings will not only be a benefit to the environment but will also make their buildings more attractive to tenants, especially those from the West Coast. Oak Creek Plaza is one of the first gold LEED certified projects in Austin and will be finished in October of this year.

In May, the Ronald McDonald House of Austin and Central Texas became platinum LEED certified as a result of its landscape architecture and rooftop solar panels that power at least half of the rooms and avoid 30,000 pounds of carbon dioxide emissions annually. Located at 1315 Barbara Jordan Boulevard and completed in 2007, this 28,500 square foot facility is the first solar-powered Ronald McDonald House in the world.

NAI Austin Office Specialists Josie Marshman and Trisha Sims negotiated the sublease of 2,526 sq. ft. of office space to the Tom James Company. The office, located at 3410 Far West in Suite 300, will help the Tom James Company expand its operations in Austin as well as encourage new jobs and business.

The Tom James Company is the world’s largest custom clothing manufacturer and retailer with offices and stores in the U.S., Australia, and Europe. As a convenience, they can meet customers at their homes or offices to help them plan a wardrobe that includes business, casual, social and formal attire. Tom James offers more than 500 suit fabrics, 250 shirt fabrics and thousands of ties to choose from, and uses their costumers’ exact measurements to make the perfect piece of clothing. The Tom James Company has been in business for more than 40 years.