Office conversions to multifamily
Office-to-residential conversion sounds like a brilliant solution—until you get into the details. The reality? It's incredibly expensive, structurally complex, and only feasible under the right conditions. As Brad Stein of Intracorp Texas points out, successful conversions require buildings at least 30-40 years old, floor plates under 15,000 SF, and high vacancy rates that force distressed sales at land value or below. With Austin’s office vacancy sitting at 20%, conversion remains an uphill battle. Read on for a deep dive into the economics, structural challenges, and market conditions shaping this urban transformation.
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.
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.
Top Tips for a Fast Office Lease
Beck-Reit recently represented the Landlord in an East Austin office listing. It was under contract within a week. The following tips detail how we made it happen.
DeLea Becker | Economic and Community Improvement 2023 Award
🎉 Excited and Honored to Win the "Queen of East Austin” Award! 🎉
I'm absolutely thrilled to share that I've been selected as the recipient of the Economic and Community Improvement 2023 Award by CREW Austin. This award holds a special place in my heart as it recognizes the incredible journey I've had in East Austin over the past 23 years.
New East Austin Development 2023- Beck-Reit with DC+A , Swinerton and FORT Structures
DeLea Becker and Mark Vornberg met for the first time in 2017 for lunch at an old-school dinner in East Austin - Chu-Mikals. Excited to announce our first Partnership in a Commercial Real Estate Development together. 2422 East 7th - 50,000 SF Office and Retail Building in their beloved neighborhood - East Austin
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. 🏢
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!
Get to know DeLea Becker via Podcast & Youtube
DeLea has been a guest on many podcast, YouTube shows, panels and such. Have a listen, her personality shines through - she doesn’t hold much back. Check out the #PowerBeacon Library
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.
Austin Artifact : 2110 South Congress Available for Lease
Situated on the iconic South Congress Avenue is a great piece of family-owned, Austin history that’s been around since the 50’s. Formerly known as “Lockhart’s”, this property is now home to Meteor Coffee, and possibly a new home for your business or someone you know looking for a high visibility space with great opportunity for growth. 1815 SF Off/Retail For Lease.
Insights from Massimo Con 2022
The Massimo Group is the top Commercial Real Estate broker/agent coaching organization in the world! This year for the first time, the Massimo Group hosted their first live conference event that was open to the public. The convention had several CREi Summit List makers on panels and in attendance. #DominateCRE. Here are a few of DeLea Becker’s takeaways.
Austin Women Trailblazers
Bisnow is honoring Austin’s most influential trailblazers - Top-level women executives and industry powerhouses who influence the way commercial real estate is done in ATX. Read the article full of quotes by our Founder DeLea Becker : “Building The Plane While Flying It”: Women In Austin CRE Are Soaring