East Austin is Makin' News & We Love Talkin' About it!

Just as people started gearing up for times reminiscent of a pre-pandemic world folks were stunned by the economic swing that has some holding on for dear life, literally, while others are watching for the uptick to take a leap into opportunities and increase their fortunes. We at Beck-Reit thought it would be helpful to compile some noteworthy East Austin news for our community of small businesses, owners, and investors. So, here’s what’s been happening in our neck of the woods!

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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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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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The Texas Triangle Podcast Ep. 14: Office Leasing + Pickelball

Welcome to an exhilarating episode of The Texas Triangle, where we dive deep into the ever-evolving world of office spaces. Join our hosts as they explore innovative design concepts, community-building strategies, and the surprising connection between commercial real estate and the trendy sport of pickleball. Get ready for a journey that fuses work, creativity, and boundless possibilities!

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CREW Austin Presents a day to ELEVATE

CREW Austin presents a Day to ELEVATE. The event will include a keynote from a world-renowned speaker and serial entrepreneur, PLUS a panel of top women leaders in Central Texas CRE discussing the mindset, strategy, and tactics necessary to prioritize your success and find fulfillment at every stage of your career. There will also be time for networking with leaders in commercial real estate.

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Switch From Residential Agent to Commercial Agent

Are you considering a switch from Residential Real Estate Agent to Commercial Real Estate Agent? We are often asked this question, especially during an economic downturn. So our Founder DeLea Becker has compiled advice, tips, and tricks she has given out for over a decade to residential agents asking for transition advice.

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WHAT'S NEW AT BECK-REIT : 5 LOTS PURCHASED FOR OUR SURPRISE DEVELOPMENT PROJECT

In the last week of March, The East Austin Experts—Beck-Reit Commercial and others closed on 5 lots in East Austin to begin a killer surprise development project on E 7th Street.

Let us know if you’re interested in office, retail, or restaurant space on E 7th, and check back here for more updates as the project progresses and more details are announced.

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