Brookfield Secures Motiva’s Lease Renewal in Downtown Houston
An energy giant reaffirmed its allegiance to Houston in a rare vote of confidence for the city’s downtown office market. Motiva Enterprises renewed its 221,000-square-foot headquarters lease at One Allen Center, extending its decade-long presence in the Brookfield Office Properties–owned tower, the Houston Business Journal reported. The lease renewal was brokered by Tim Relyea and […]
Cisco Systems Leases 27K in Downtown Austin
An international telecommunications company has eased some of the pain in downtown Austin’s office market. San Jose-based Cisco Systems leased 27,400 square feet in the 16-story Horizon Bank building at 600 West Fifth Street, the Austin Business Journal reported. The lease puts a small dent in the city’s office vacancy rate, which soared to new […]
Pinnacle Rezoning for Resi, Hotel High-Rise Near Downtown Austin
Pinnacle Hotels USA is planting the seeds for a two-tower development just east of downtown Austin. The company, led by CEO Barry Lall, wants to redevelop the six-story DoubleTree UT Austin hotel into a pair of high-rises with residences and hotel rooms, the Austin Business Journal reported. The project, dubbed Pinnacle Plaza, would rise on […]
Austin’s Sixth Street gets a new look with construction starting in early 2024
Gaining and maintaining a level of success in the ever-changing tech industry often hinges on the environment one lives and works in, and Austin is among the best. Austin’s growing elite tech city status comes from a new report, “The Top Tech Cities in the US: Ranking 100 Cities in 2024,” by online security experts […]
