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.

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.

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

According to research by BiggerPockets, women represent less than 2% of commercial real estate investors. This figure is surprising given that more women own and manage their own businesses today than ever before. Commercial real estate is an asset class that offers tremendous potential for growth, especially when you consider the current market conditions. However, most women are not investing in commercial real estate for one main reason: lack of knowledge about how it works and how they can get started investing. But this isn't true for Women In Commercial Real Estate. For Women in our profession, investing is squarely in our Circle of Competence.

There is potential to create $1 trillion dollars of value for women in commercial real estate by 2025 if we start investing like men. It's a $3.5 trillion dollar industry, and it's the largest one in the world.

If you have not already, you should check out the Real Estate Market Niche Show, hosted by Benjamin S. Kogut. The podcast features real estate powerhouses innovating the real estate industry across all relevant niches. Benjamin allows these professionals to give insight into their journey in real estate and through their expertise and experience, extend valuable information to listeners. Wednesday, August 17, 2022, our very own DeLea Becker will be featured on the Real Estate Market Niche Show. You won’t want to miss this episode and some insightful gems on the commercial real estate industry from the “Queen of East Austin”.

The first list of its kind! CREi list of Influential Women and right at the top it ouf Founder and Broker DeLea Becker. Congrats to all the Women striving to pave a way into the Commercial Real Estate Industry

We are looking for a dynamic & high-energy Manager who has strong fundamental accounting skills, office administration experience, and a passion to learn new techniques/software/procedures. Austin is in the top 5 Commercial Real Estate Markets in the world, our services are in high demand.

2110 S. Congress | Commercial Lease

“Owners are very pleased to get a long term tenant and see what the property becomes under the direction of Meteor” ~ Jeremy Avera

913 E. Cesar Chavez | LEASED YOGA SPACE | East Austin

Jeremy Avera of Beck-Reit Commercial Real Estate announces the lease of  913 East Cesar Chavez to Black Swan Yoga. Jeremy Avera & DeLea Becker represented the landlord in this lease transaction. The building is 1,800 SF and is located in East Austin on Cesar Chavez just 1 block east of I-35.

"Tenants should remember to always engage an experienced commercial agent then communicate with the landlord next in order to ensure a win-win situation for all parties during negotiations of lease extension. ” - DeLea Becker

2110 S. Congress | Commercial Lease

“Owners are very pleased to get a long term tenant and see what the property becomes under the direction of Meteor” ~ Jeremy Avera

Quick video of our listings in Austin. Huge thank you to GH Productionsfor this great marketing video. We recommend Grayson Huskey for any of your photo, video and on-line marketing needs. #CRE

At a recent ZAP Meeting, commissioner Bruce Evans of Beck-Reit Commercial said, "No city nowhere needs 1,500 pages to tell them how to develop a damn lot." Bruce has been vocal and committed to CODENEXT.

As a Commercial Real Estate Broker I am often asked for guidance on decisions my clients are making.    No matter the transaction size we want our clients as educated as possible on legal and tax implications.

1106 S 8th Street | Commercial Property Lease

“Several businesses are looking just around downtown for space in order to avoid the sky rocketing triple net costs (taxes,insurance, and common area maintenance) and congestion.  With locations such as this one several businesses are finding that they have everything they need and can still get into downtown easily when they need to.  It’s really the best of both worlds.”