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!

Beck-Reit is no stranger to 1031 exchanges. In fact, you may call us the 1031 experts. In 2022 we closed two 1031 exchanges, and have never failed. The rigorous timeline to identify a property to purchase before Uncle Sam tries to swoop in and grab his “share” can be intimidating for most, but our meticulous process makes every one of those 45 days of the identification period count.

It started when DeLea and Mark met for the 1st time for breakfast at Chumikals in 2017 (a favorite East Austin Joint for both) and the breakfast stretched into lunch. A couple of days later the property was toured and under contract - the rest is Award-Winning History!

The inspiring architects at Dick Clark & Associates have been rightfully recognized for their incredible office design at 2120 E 7th St - winning the Austin Business Journal’s 2021 CRE award for Best Office Rehab.

Originally an 80s pawnshop, 2120 E 7th was built like a concrete bunker with just one window and no insulation or even air conditioning for most of the space. DCA’s ground up design and construction has transformed the site into an eye-catching functional space perfect for creative office and retail needs.

Beck-Reit’s Previous Office Will Be Razed for Mixed-Use Development

Beck-Reit & Sons Construction performed a gut renovation at 2131 Theo between 2014-2016, an adaptive reuse project that turned the aging auto repair shop into a 5-unit creative office space with shared conference room, kitchen, and lobby. The finished project was managed by Beck-Reit Asset Management and leased by Beck-Reit Commercial Real Estate until 2020, when the developers came knocking with an offer we couldn’t refuse.

We are thrilled to announce that our flagship redevelopment, The Otto at 1201 E Cesar Chavez, is currently hosting an exhibit for this year’s Austin Studio Tour! Given the pandemic, the 2020 Austin Studio Tour will consist of creative and mostly outdoor self-guided tours of public art. The two-week celebration features over 420 Austin-based artists and collectives presenting between November 14th and 22nd.

WHAT YOU NEED TO KNOW

Austin Floodplain Maps Are  Expanding -

Swallowing another 3,000 Austin Properties!

Austin is known to be an uphill battle ground when trying to manage your property rights and renovate, redevelop, or start from ground up.  NOW, it's getting tougher.

“The Otto on Cesar Chavez will be one of the crown jewels of East Austin. Most 100 year old buildings are being torn down for large developments, but the owners of this property have gone to great lengths to save the building. Spring 2019 will see a new building delivered in an old shell.” ~ DeLea Becker

The Austin Business Journal just announced the 2018 nominees for the Profiles in Power award. This award honors Women of Influence around Central Texas who are making a difference in their community. DeLea Becker, one of the nominees, is a broker and founder of Beck-Reit Commercial Real Estate, LLC.

"In rapidly developing areas like East Austin, the property is proof that development isn't just looking for diamonds in a pile of coal; sometimes success requires making the diamond yourself." ~ DeLea Becker