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 St. David's South Austin Medical Center St. David’s South Austin Hospital, located at 901 W Ben White Blvd., is getting a new name and undergoing a $72 million renovation. The renovation and expansion project to begin in April 2010 will increase the hospital by three floors, more than 100,000 square feet and 25 percent more beds. For more details, read St. David’s South Hospital to get $72M makeover (Austin Business Journal, 1-15-10). Discount Electronics, a retailer of refurbished computers and computer accessories, recently purchased the former Hollywood Video building at 9711 Manchaca Road in Austin, Texas. Dean Janeff, a commercial building specialist with NAI Austin, represented the seller, Realty Income. The 7,534 square foot space will allow Discount Electronics to serve clients in south Austin. Discount Electronics specializes in Dell parts, computers and accessories. Founded in 1997, the company has since grown exponentially. In 2007 and again in 2008 the company was recognized by Inc. Magazine as one of the fastest growing companies in the United States. The Austin Business Journal honored Discount Electronics with the distinction of being the twelfth-fastest growing private company in Austin. The new store continues their expansion. NAI Austin is one of Austin’s most experienced commercial real estate firms and the Austin area representative for NAI GlobalTM, the industry’s largest global network of real estate service-providers, comprising 5,000 brokers in 325 offices serving more than 55 countries worldwide. For more information on NAI Austin, please visit www.naiaustin.com.
The South Austin area surrounding South Congress and Ben White is growing substantially as it plays host to development projects which include residential, retail and office space. Also being built is the South Central Transit Center, a new part of the Capital Metropolitan Transportation Authority system, which will serve to improve the city’s public transportation, beginning in early fall. Some projects coming online soon are 2900 South Congress, a 21-unit office complex and SoCo Lofts, a housing complex with more than 20,000 sf of restaurant, retail and office space. The Abby at Ben White, a 48,938 sf shopping center built in 2007, recently came onto the market. It is currently home to a diverse group of tenants and is selling for $12.5 million. This area, just minutes from downtown, has become a bustling hub of expansion with a live/work/play design. Its convenient location is not only close to the heart of Austin, but is also near many major roadways, such as U.S. Highways 35, 290 West, 71, and a short distance from both 360 and MoPac. It is also just minutes from Austin-Bergstrom International Airport and rests on the doorstep of St. Edward’s University. For more information on the South Austin commercial real estate market or properties, contact the professionals at NAI Austin through www.naiaustin.com. For retail information, contact NAI Austin Retail Specialist Sherry Sanchez; for office information, contact NAI Austin Office Specialist Lise Wineland. |
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