UNIVERSITY COMMERCIAL REAL ESTATE WOMEN

Beck-Reit is proud to be involved with UCREW, mentoring women interested in Commercial Real Estate careers. CREW Austin is offering $5,500 in scholarships and five (5) student memberships to women attending local universities.

2020 & 2021 = Epic, Challenging, Chaotic, Booming Market & Money to Spend

2022 is a New Year, but the writing on the wall shows we are in for more of the same, particularly if you are in the Commercial Real Estate industry. There is more liquid money in the market than ever before. People are eager to Make Money and Invest Money to Protect Wealth. At Beck-Reit we could work 24/7 but to perform and be at “Top Of Our Game” we need to “Slow Down to Speed Up”.

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.

East Austin:

In many ways, development has displaced the cultural arts traditions of East Austin, long the home of the city’s Black community. Now, its champions — Black artists, creatives and community leaders — are working to restore that soul.

Capitol View Arts and the Austin Justice Coalition, with support from local artists and dozens of volunteers from the Austin area, painted a ‘Black Artists Matter’ mural on East 11th Street the morning of Thursday, June 18 2021. #BlackArtistMatter

Here, DeLea shares where and why she sees inflation creeping into the market, how inflation interacts with typical investment vehicles, and how Commercial Real Estate is one of the best places to safeguard wealth against it.

"Everyone in this room right now should feel extremely lucky working in this city"

On June 23rd, DeLea Becker spoke alongside fellow Commercial Real Estate Experts at the REDNews 2021 Summit Retail panel about opportunities and trends of the Austin Market.

2426 Webberville closed last week just 75 days after initially meeting with our client. Our process included vetting a total of 11 potential properties, 3 of which were Off-Market. 2 property tours followed, and then Webberville was under contract. #DeLeaDunksAnotherDeal

REDNews has been the first word in Texas Commercial Real Estate for over 25 years now. Their Summits brings together dozens of experts to speak on the “State of the Market” in their view. This year’s Summit will take place on June 23rd in Austin!

Beck-Reit Commercial is proud to sponsor the event once again this year, and even more excited to see our own DeLea Becker speaking as a panel-member on opportunities and trends in the current retail market! Her panel starts at 10:25AM. The Retail Market Panel will also include the following market experts:

Beck-Reit is Always Proud to Sponsor the REDNews Annual Summit! DeLea is joined by other panelist from

• Endeavor Real Estate Group

• CBRE

• The Retail Connection

We are so proud of all 12 participants in the 2021 Austin UCREW Women in Commercial Real Estate Challenge Winners!

Every year Austin’s CREW puts on this educational event to help expose female students at local universities to the possibilities of a career in Commercial Real Estate. This past year, Beck-Reit Commercial took part in the event as a committee member, wearing one of the 5 hats for “anatomy of the deal” from a developer’s perspective, & mentoring one of the competitors.

Jim Rourke

Jim joined Beck-Reit at the early onset of Pandemic in 2020, and quickly put together a prominent assemblage play of 4 properties on South Lamar.

6 years ago, Beck-Reit sold one of our mixed-use propertys in East Austin and did a 1031 exchange into 2 properties. 1 was a Ferrari Repair Shop on Theo Dr. off Airport Blvd near The Mueller Development. Our full redevelopment transformed the space into 5 unique creative office spaces with a shared kitchen common area and conference room. Now, just 6 years later, the property has been picked up by Cumby Development as the last piece of a new multi-family development getting ready to break ground.