Navigating Commercial Real Estate in a Cooling Market: Strategies for Success
Seeing Signs? Rising vacancy rates, higher concessions, slower rent growth, longer lease negotiations, and increasing sublease space. Discover essential strategies for navigating a softening commercial real estate market.
Office conversions to multifamily
Office-to-residential conversion sounds like a brilliant solution—until you get into the details. The reality? It's incredibly expensive, structurally complex, and only feasible under the right conditions. As Brad Stein of Intracorp Texas points out, successful conversions require buildings at least 30-40 years old, floor plates under 15,000 SF, and high vacancy rates that force distressed sales at land value or below. With Austin’s office vacancy sitting at 20%, conversion remains an uphill battle. Read on for a deep dive into the economics, structural challenges, and market conditions shaping this urban transformation.
DO YOU NEED A FINANCIAL ADVISOR?
Respect and gratitude are the foundation of DeLea Becker’s family business. Through her relentless focus, she’s creating a legacy in commercial real estate, empowering her son and future generations to honor the sacrifices made and build on the success of the Beck-Reit empire.
Dr. Lloyd Potter | TEXAS DEMOGRAPHER
For their debut episode, the Texas Triangle Podcast had the honor of gaining insight from esteemed Dr. Lloyd Potter, a Texas State demographer. Read more information and statistics shared at the 2024 Texas Demographic Conference.
2024 Power Beacon Conference Safety Message
Conference season 2024 is here, yet for many women in real estate, it's also a time of heightened vigilance. Reports of harassment persist, impacting professionals across industries. Here are crucial safety tips to navigate these challenges:
East Austin Growth Summit | Austin Business Journal
Austin Business Journal will host its Inaugural East Growth Summit in April 2024, highlighting the exciting growth of east Austin and beyond. Panel of experts in real estate, development and education, including Commercial Real Estate Agent and Broker DeLea Becker, share decades of insight to gather intel and discover opportunity.
Parking Minimums Eliminated in Austin
City Council Passes ordinance to eliminate parking requiments in te city of Austin. ADA accessible parking is still required.
CONCRETE IDEAS AND DYNAMIC SPACES
Join DeLea Becker at 'Austin Future Unveiled' for expert insights into Austin's construction and development trends shaping commercial real estate. Discover the latest on the evolving skyline, innovative spaces, and strategic investment opportunities. Ideal for real estate professionals, investors, and developers seeking to navigate the dynamic Austin market. Don't miss this deep dive into future-proofing your real estate ventures with advice from a leading industry authority.
Pricing Tracts of Land : Land Expert
Pricing Land for Sale requires years of experience, a rolodex of professionals to call for comps, and a deep understanding of development.
Retail Real Estate: Trends & Strategies for 2024.
Retail experts in Austin come together in January 2024 to discuss challenges and opportunities in Central Texas.
The Vibrancy of Texas' Commercial Real Estate
Insights from the Front Lines
Navigating Challenges with Strategic Acumen
The Future of Texas Commercial Real Estate
Retail Space in Austin - Low Retail Vacancy & High Demand
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.
Trammel Crow Company - Lessons Learned from the 80's Southwest Disaster
1980s Real Estate Crisis and Lessons Learned Tramml Crow memo. Our favorite one : “Avoid debt like the plague. The sixth commandment is, Thou shalt shrink thine own organization before its overhead drives thee into the grave”
NIL Contract Negotiaition VS Commercial Real Estate Contract Negotiaiton
Michelle Anderson recently negotiated her son’s - Dylan Disu- NIL (Name, Image, and Likeness) contract at the University of Texas. Here is her take on similarities between NIL contract and commercial real estate contract negotiaitons.