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Free Loopnet Office Space Rental Search | Austin Tenant Advisors

The following post is copyrighted by Austin Tenant Advisors – .

free loopnet office space search austin txLooking to rent office space in Austin, Tx and searching Loopnet for listings? If you want to get better and more accurate office leasing information let Austin Tenant Advisors help you find your next commercial space.

We have helped over 400 businesses find Austin office space that is within their ideal size, location, and budget and we can help you do the same. To get started simply call (512) 861-0525 or fill out our online form and:

  1. We will do all the searching on your behalf and find space that matches your ideal criteria
  2. You receive a custom report of available spaces matching your exact needs. Photos, floor plans, and pricing will be emailed to you with hours of initial contact
  3. Representing your best interests we will set up visits for your favorite options, draft proposals, and negotiate against the building landlords to ensure that you get the best deal and terms possible.

Loopnet has a lot of great information and office space listings in Austin however they don’t always include all the pertinent information that you will need to make an informed decision. 

By letting us help you find office space in Austin you will level the playing field and be empowered with the same information & tools needed to make good deals that the landlord has.

The post Free Loopnet Office Space Rental Search | Austin Tenant Advisors appeared first on Austin Tenant Advisors.

Xceligent Files for Chapter 7 (Liquidation) Bankruptcy, Shuts Down Its Operations For Good

The following post is copyrighted by Austin Tenant Advisors – .

xceligent files chapter 7According to news sources Xceligent has shut down their operations for good. Commercial real estate data firm, Xceligent, which is owned by General Trust and Daily Mail (DMGT) has filed for Chapter 7 liquidation. This news comes about 12 months after Xceligent started its legal battle with commercial real estate data firm Costar. 

Xceligent has over 250 employees which were sent a memo at 4:08 pm on 12/14/17 telling them their employment was being terminated that day. They only have 30 minutes to gather their stuff and leave the premises.

What is a Chapter 7 Bankruptcy?

It’s the most common and simplest form of bankruptcy that an individual or company can file. Any assets that the debtor does not have exempted a court appointed trustee may sell and then distribute the net proceeds to creditors. In exchange for this the debtor gets released of his personal liability for most debts. In most cases the case gets closed by the trustee without selling any of the debtors assets

According to DMGT it will have no liability for the legal costs it incurred with Xceligent.

Other sources to check out regarding the Chapter 7 Filing of Xceligent

https://www.bisnow.com/national/news/commercial-real-estate/breaking-dmgt-to-shut-down-xceligent-82748

https://therealdeal.com/2017/12/14/xceligent-shuts-down-firm-files-for-chapter-7-source/

https://www.wsj.com/articles/property-data-firm-xceligent-files-for-chapter-7-protection-1513296157

The post Xceligent Files for Chapter 7 (Liquidation) Bankruptcy, Shuts Down Its Operations For Good appeared first on Austin Tenant Advisors.

Austin Texas Marijuana | Cannabis | Hemp Commercial Real Estate Property Listings

The following post is copyrighted by Austin Tenant Advisors – .

marijuana commercial property austinAs more studies are done on the medicinal benefits of marijuana (aka cannabis) more life-improving treatments are being found for people with serious health problems such as epilepsy, chronic pain, autism, aids, loss of appetite, post traumatic stress disorder, cancer, anxiety, etc. Many of these debilitating conditions are untreatable with conventional drugs which can also have intolerable or dangerous side effects. Some Texas patients have actually reported being able to stop taking these conventional drugs which in many cases are very expensive and not covered or only partially covered by insurance.

Thanks to the Compassionate Use Act which was approved over in 2015 oils made from cannabidiol for medical needs have been approved. Marijuana plants produce Cannabidiol however the oil does not produce a high or euphoria which is what marijuana is mostly known for.

Increase in Marijuana Related Commercial Real Estate Properties

As more states approve such uses you will also see a rise in commercial real estate properties that cater to the growing of marijuana. These commercial properties will typically be Austin industrial warehouse spaces which will allow companies to grow cannabis under tightly controlled environments. Also as Texas state laws relax retail spaces will start to pop up in Texas that sell marijuana for recreation use.

Texas Approved CBD Dispensaries 

  • Surterra Texas has a North Austin marijuana dispensary
  • Cansortium Texas
  • Compassionate Cultivation 

They have been licensed to cultivate, extract, and dispense marijuana that is less than .5% THC by weight. Also if Texas lawmakers ever relax the states rules on marijuana cultivation these companies will have an inside track since they are the first to reach commercialization.

Other articles to read regarding marijuana dispensaries in Texas and Austin 

 

The post Austin Texas Marijuana | Cannabis | Hemp Commercial Real Estate Property Listings appeared first on Austin Tenant Advisors.

Preserve at 620 Office Space – 8201 N FM 620 Austin Tx 78726

The following post is copyrighted by Austin Tenant Advisors – .

preserve at 620 northwest austin office spacePreserve at 620 office building is located in Northwest Austin at 8201 N FM 620. If you are looking for cutting edge creative office space in NW Austin this is the place to be. 

If you are interested in leasing Northwest Austin office space at Preserve at 620 give us a call at 512-861-0525 and we can help you negotiate the best deal possible.

Building Size – 220,000 RSF of newly renovated creative office space

Building Height – 1 story

Typical Floor Plate – 50,000 to 215,000 sf

Parking – Parking ratio 5/1,000 sf. 

Amenities – 23 foot ceiling heights, fitness Center with showers, rooftop terrace, 16k sf outdoor courtyard, sport courts, dog runs, bike shop and storage, running trail, tenant gardens

For Austin office leasing rates and info on available spaces give us a call and we will help you find the perfect office space at Preserve at 620 in Northwest Austin.

The post Preserve at 620 Office Space – 8201 N FM 620 Austin Tx 78726 appeared first on Austin Tenant Advisors.

Why Use a Tenant Rep Broker

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why use a tenant rep brokerSearching for and finding the right commercial real estate for rent can be very time consuming and costly if you don’t know what you are doing. You already have a lot on your plate running a business so the last thing you have time for is looking for commercial rentals on your own. That is why you should enlist the help of a tenant rep broker. They are invaluable when searching for commercial space and with the experience, tools, and relationships they have you will get the best possible deal. below are a few reasons why you should use a tenant rep broker:

1. Tenant Rep Brokers Can Help You Determine Your Needs

You might have a general idea of what you want when it comes to renting commercial space however how do you know for sure if a particular space is right for you? Tenant rep brokers have a lot of experience in leasing office, retail, and warehouse space and can help you figure out what you really need. They will ensure that you consider your current and future needs and find a balance between the two so you do not lease too much or too little space.

2. Tenant Rep Brokers Will Ensure You Don’t Pay Too Much

Finding a great space is just one piece of the puzzle. You also need to ensure that you get a good deal. If you don’t do leasing all year long how do you know if the deal you got is a good one? A good tenant rep broker will be experienced in the market and have years of experience which means they can tell you if a deal if good or overpriced. They also have relationships with landlords in town so they can negotiate on your behalf to get better terms and rental rates.

3. Not All Commercial Properties Are On Loopnet

Not every available space will be public knowledge. Some tenants might not be renewing their leases which mean their spaces will become available in 6-12 months. However you won’t find that out until the space has already been leased up. Many times the best spaces are leased up long before they are advertised. Tenant rep brokers typically know about potentially available spaces long before they are advertised and BEFORE you will know about them.

4. Tenant Brokers Service Cost You Nothing

Having a tenant rep broker help you find space does not have a negative impact on the deal you get. If you tell a landlord that you are representing yourself and ask for the rental rate you will find that the rental rate is the same as the tenant rep broker told you it would be. There is absolutely no cost for you to hire a tenant representative as the landlords cover the cost. However they represent your best interests. 

5. Commercial Real Estate Leasing Is Complex and Time Consuming

When leasing commercial real estate you will hear a bunch of complicated acronyms and terms. Not knowing what they mean can put you at a disadvantage when negotiating against a landlord our listing agent that does know. Tenant rep brokers can help educate you and take the mystery out of the process to ensure you understand and make the best decisions. Having a good commercial real estate tenant representative in your corner can help you save time and avoid costly mistakes.

The post Why Use a Tenant Rep Broker appeared first on Austin Tenant Advisors.

Westview Office Space – 316 W 12th Street Austin Tx 78701

The following post is copyrighted by Austin Tenant Advisors – .

westview office building austin txWestview office building is located in downtown Austin at 316 W 12th St, Austin, Tx 78701. If you are looking to be close to the Texas State Capital this is the place to be. 

If you are interested in leasing downtown Austin office space at Westview give us a call at 512-861-0525 and we can help you negotiate the best deal possible.

Building Size – 98,500 RSF of newly renovated class A office space

Building Height – 6 stories

Typical Floor Plate – 15,470 RSF

Parking – Parking ratio 1.16/1,000 sf. Garage parking also available

Amenities – Fitness Center with showers, rooftop terrace, building conference room, bike lockers, private outdoor space

Walking Distance To – The capital, The University of Texas, Dell Medical School, Downtown Austin entertainment district, and public transportation

westview office 316 w 12th austin txTransportation – Metro bus stops including rapid line

For Austin office leasing rates and info on available spaces give us a call and we will help you find the perfect office space at Westview in downtown Austin.

The post Westview Office Space – 316 W 12th Street Austin Tx 78701 appeared first on Austin Tenant Advisors.

You Don’t Need to Rent as Much Office Space as You Think!

The following post is copyrighted by Austin Tenant Advisors – .

don't need too much office spaceWhen trying to reduce their office space rent costs many companies focus too much on only getting the lowest rental rates possible. What they seem to overlook is the fact that they don’t actually need as much office space as they think. 

If more companies would shift their focus to the actual square footage that they need and how efficiently the space could be built out and used they would be able to generate significant costs savings. 

Depending on the market you are in you may not have as much leverage in rent negotiations, however what you do have complete control over is the amount of space that you rent.

Efficiency is Key When Renting Office Space

Even in a down market where rental rates are low it’s still important to avoid leasing too much space. Before you begin looking for space consider doing a thorough space evaluation and determine your ideal layout, as well as how you will use the space. After being interviewing about your current and future needs and use a good space planner or architect can create a program for you to help you determine the exact size space you need.

Think about the job functions and needs of each employee. If you spend some time in the planning phase you will uncover some ways to reduce your office space size and still maintain productivity in a smaller space. Also if you reduce your size you might find that you can now afford a nicer class A office space.

When you are ready to find and rent office space you absolutely want to find the best location and negotiate the lowest rental rate possible. However don’t forget that you have more control over how much space you rent. Don’t get caught in the moment and lease more space than you really need.

The post You Don’t Need to Rent as Much Office Space as You Think! appeared first on Austin Tenant Advisors.