Tuesday, April 14, 2015

Austin's Mesa Oaks Taking Off

A new 120,000 square foot office development in the southwest submarket of Austin, Texas may herald a market change in the city. The new development, which offers lease or purchase for office, professional and medical-user opportunities, will soon welcome the Texas Association of School Business Officials (TASBO) as it relocates from a building off of South Congress to occupy the entire top floor of Mesa Oak's Building 1.

"There has been little to no product developed in the immediate area in the last seven to ten years," Patrick Ley, ECR brokerage principal and office specialist, told GlobeSt.com.

Tracy Ginsburg, Executive Director of TASBO, has stated, "We selected Mesa Oaks because of its convenient location and ease of access for our members who travel to Austin from across the state. We were impressed with the quality of construction and the design of the buildings and site plan and are thrilled to call Mesa Oaks our new home." As for the space going to the Texas Association for the Gifted and Talented, Executive Director JJ Colburn has stated, "We are ecstatic to have secured a spot at the Mesa Oaks project. We look forward to operating from such a great location."

Located in South West Austin at 5920 William Cannon Drive in between MOPAC and HWY 290, the building offers a Class A, new construction opportunity for office, professional and medical users in Southwest Austin. Developed by Equitable Commercial Realty (ECR), The Mesa Oak site consists of 12 lots with individual buildings permitted ranging from 5,000 to 12,000 square feet.

For more news and information visit Blumberg Partners.

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