East Austin Women - Trailblazing Development

Women Leading the Charge in East Austin Commercial Real Estate Development

East Austin is getting a fresh new landmark at the corner of East Seventh Street and Pedernales, and it’s not your typical development project. WORKBENCH, a four-story office, retail, and restaurant space, with staggering odds that 3 of 6 equity partners are women. The three powerhouse women and equity partners: Jennifer Seay of Art + Artisans, Shawna Sieck of Legacy Lighting, and DeLea Becker of Beck-Reit Commercial Real Estate are using the development to shine a light on women in commercial real estate. This isn’t just another East Austin commercial real estate project—it's a statement on the future of women in the industry.

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Dr. Lloyd Potter | TEXAS DEMOGRAPHER

For their debut episode, the Texas Triangle Podcast had the honor of gaining insight from esteemed Dr. Lloyd Potter, a Texas State demographer. Read more information and statistics shared at the 2024 Texas Demographic Conference.

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East Austin Growth Summit | Austin Business Journal

Austin Business Journal will host its Inaugural East Growth Summit in April 2024, highlighting the exciting growth of east Austin and beyond. Panel of experts in real estate, development and education, including Commercial Real Estate Agent and Broker DeLea Becker, share decades of insight to gather intel and discover opportunity.

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Retail Space in Austin - Low Retail Vacancy & High Demand

Times are surely changing and there’s no place like Austin for retail. Driving across America, you may likely find some vacant retail strips or ghost towns with empty stores but definitely not in Austin! Austin is just the opposite of a typical US city, with a surprisingly lower retail vacancy since 2020. The capital of Texas now has the lowest retail vacancy rate for any city in the State of Texas and is also one of the lowest in the country.  Competition is fierce in major Retail Areas such as the Domain and other trendy shopping streets like South Congress, 2nd street Downtown, Burnet Rd, and East Austin. Properties command high rent and spaces have multiple businesses looking at each sight and competing with each other to be selected by the Landlord.

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Office Vacancy in the Texas Triangle

"Unlocking the Future of Texas Office Spaces: Where Innovation Meets Real Estate Revolution! 🚀 Dive into our latest blog post as we unveil the seismic shifts reshaping the commercial real estate horizon across the Lone Star State. From sky-high vacancy rates to ingenious strategies that redefine leasing dynamics, this article is your gateway to navigating the winds of change. Get ready to explore pickleball-powered spaces, 'hall select' customization and the art of crafting workplaces that inspire. If you're captivated by the fusion of innovation and real estate, this read is your compass to the future. 🏢

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Tripe Net (NNN) Rent Explained

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.

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