A Look Back in Time | 6 months into 2022
See Below for an Overview of the last 6-months at Beck-Reit Commercial Real Estate, and Scroll to the Bottom for DeLea’s Notes and Takeaways from Rednews' Recent AUSTIN RETAIL FORECAST PANEL
DeLea Becker MADE THE LIST!
DeLea attended her first CREi Summit last year and was blown away by the people, synergy, and abundance of shared ‘secrets’ to building a social media brand. She took tons of notes and applied much of what she learned throughout the year. How’d she do? Well, DeLea made the list just as she planned. Not only did she make the list but she ranked 26 out of 150… a nice baseline when she’s set on reaching #1. The list is packed with 150 Power House Commercial Experts across the USA - they are at the top of their game.
REDNews | 3rd Annual Austin CRE Forecast 2022
This is not DeLea’s first rodeo, she has sat on the Red News Forecast Retail panel before. This is her 3-peat performance and the 1st time was the day before the pandemic shut down the world and she recalls an uncommon prediction that was in line with the outcome. Read about it in her blog below. You won’t want to miss DeLea talk about retail numbers, strategies, adaptive reuse, e-commerce impact, and trend analysis predictions.
SOLD: East Austin Boutique Hotel | The Cat Noir
Beck-Reit Commercial Real Estate listed The Cat Noir Hotel on September 1st, 2021. We had multiple offers in less than 24 hours & within a week the property was under contract…. after a bidding war that drove the price above asking.
DeLea Becker named 1 of Most Influential Owners & Dealmakers in Commercial Real Estate
We are beyond thrilled to announce that our Founder DeLea Becker, and Austin Commercial Real Estate Broker, has been named one of 25 Most Influential Owners, Dealmakers, Creators & Innovators by Otso for their 2021 International Women’s Day Initiative! What an incredible honor be recognized on this list, which includes … (see full post)
Burnout is a Thing, especially coming off 2020 & 2021
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”.
Congratulations to Dick Clark & Associates - 2120 E 7th St Wins Austin Business Journal 2021 CRE Award for BEST OFFICE REHAB!
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.
Our old office building will be raised to make way 800 unit multi-family complex!
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.
'Black Artists Matter' mural painted in the heart of historic East Austin neighborhood
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
2021 REDNews Austin Summit Recap - Retail Expert DeLea Becker
"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.
SOLD: 2426 Weberville
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
#MentoringMonday #BizWomen DeLea Becker | Austin Business Journal
Texas #WinterStorm21 pushed the nation #Bizwomen #MentoringMonday to Monday March 8th in Austin, which happened to be International Women’s Day. So, our Owner/Founder DeLea Becker kicked of the day meeting with over 100 Women In Business seeking advice, guidance, and mentorship from Women in Business who are experts in their field.
Beck-Reit Development - 2131 Theo Sells! A 6-year Investment Pays Off
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.