1031 Diary: Taco Casa, 8808 Barker Cypress Road
Historically, Beck-Reit has always set its sights on value-adding projects: finding properties that we could improve with the knowledge and resources at our disposal as a General Contractor. We started small, and began using the 1031 exchange to inch our way up from one development to the next around Austin. With value added each time, our investments consistently grew. But as the years have gone on, Austin’s market has exploded - making redevelopment plays for a company our size harder and harder to come by. In light of this, and paired with the material shortages and other supply-chain breakdowns of the past couple years, we’ve turned our eyes towards safe, stable, long-term investment properties for our recent 1031-exchanges.