Located at 601 West 3rd St., the property is nearing full occupancy, with more than 90 percent of the rentable space leased to a mix of notable tenants. Facebook has agreed to lease approximately 232,000 square feet. A Fortune 500 financial institution and a law firm are part of the development’s tenant base, occupying approximately 76,000 square feet. Additionally, the project boasts roughly 12,000 square feet of ground-floor retail space.
Designed by Gensler, Third + Shoal broke ground in 2016 at the site of the former Austin Music Hall. The building will feature floor-to-ceiling glass windows, two loft floors with 25-foot clear heights, 11 outdoor balconies and a 4,000-square-foot roof terrace.
“Third + Shoal was designed to attract today’s top tenants and their talent, and we’re excited to see this becoming a reality. We look forward to welcoming these premier tenants, who further enhance Third + Shoal’s prestige,” said Scott Fordham, president & CEO of TIER REIT, in prepared remarks.
Situated within Austin’s Central Business District, Third + Shoal will be surrounded by numerous restaurants, residences and entertainment venues. The location provides access to the Lance Armstrong Bikeway, Shoal Creek Trail and the Lady Bird Lake Hike and Bike Trail.
70 Rainey is the perfect reflection of the essence of Austin. Rising 35 floors from the heart of the Rainey Street District. Developed by Sackman Enterprises, 70 Rainey is a mixed-use luxury condominium development. Home to 164 exceptional residences, 19,745 square feet of outdoor amenity space, a stunning 5,276 square foot ground floor restaurant and a 2,184 square foot second floor patio bar overlooking a stunning park area at the entrance of the Mexican American Cultural Center.
• 3.2 Acres of development land Deed
• 11400 Old San Antonio Rd Unit 1, 78652 + 25% of Roads & Common Areas
(Meritage Homes are complete as Unit 2 of a 2 Unit Condo Regime)
• NOT in Austin. It is Austin 2 Mile ETJ, Manchaca Texas, Travis County Water,
Wastewater, & Electric: City of Austin
• School District: Austin ISO
• SFR Home "The White House" (1920/5Br/3Ba/2,975) + Barn
• The Benefit of Existing Infrastructure and Civil Engineering:
• Water Detention/Retention/Sand Filtration - complete.
• Water and Waste "stubs" from Meritage Unit 2 - Complete Immediately adjacent
existing Electric Transformer
• Team includes same proven Civil Engineer who did surrounding Meritage Unit
• 1.4 miles South of Southpark Meadows Movies, Entertainment, and Shopping.
• Completely surrounded on 3 sides by proven 1 Year Old Meritage Homes
VRA has been retained to offer for lease – A Class “A” 90’ x 80’ Aircraft Hangar at the Spicewood Airport (FAA 88R) in Spicewood, TX just 20 minutes west of Austin, TX. This premium 7,200 SF
custom built hangar is one of the largest and nicest, and most well-equipped hangars at the Spicewood Airport. The hangar is located at 105 Sky King Taxi-Way within the air park, the 1st main
Taxi-Way just off the main runway at mid-field and offers the quickest and most direct access to Runways 17 or 35 and the self-service fuel station offering 100 LL and Jet-A Aviation Fuels. The
Airports 4,185’ x 40’ Runway was recently completely renovated, widened and re-surfaced.
** This class “A” hangar facility is being offered for long term lease at this time. The owner would consider a sale for serious and strong offers, only.
The hangar’s custom hydraulic 70’ wide x 17’ clear height hangar door provides aircraft access to the 5,400 SF hangar floor and will accommodate multiple or larger aircraft and equipment. This hangar has front and rear access capability which is very rare for this airpark, with only several lots/hangars offering dual access points. This hangar also offers a combined 2,800 SF, on 2 floors, of climate controlled workshop, professional office and conference room space, as well as a studio apartment with full kitchen and bath, making it an ideal opportunity for a pilot/business owner to operate their business and fly from this dual-purpose facility.
Prime location in Bee Cave, TX. a high growth west Austin suburb at 15021 W. HWY 71 just a few hundred yards west of the intersection of Hamilton Pool Rd./Bee Cave Parkway and W. Hwy 71. 15 miles (20 minutes) from downtown Austin, 20 miles (30 minutes) to Austin Bergstrom International Airport and 20 miles (45 minutes) to the Domain, north Austin’s premier shopping, dining and entertainment district. The site is just minutes from dense retail and entertainment centers in Bee Cave and Lakeway, including; The 1.5 Million square foot “Hill Country Galleria” and half million square foot “Shops at The Galleria.” The site is less than a mile from the proposed $150 Million dollar - Terrace/Backyard at Bee Cave development with over 1 million square feet of mixed-use commercial space, including Data Center Space, Office, Hotel, Retail, Restaurants, Luxury Condominiums and a Re-Developed “Back Yard” Amphitheater.
PSW’s latest mixed use project, 900 South First, is a direct reflection of the neighborhood. At the ground floor, retail amenities surround a landscape of historic live oak trees. Decks and paved areas at a variety of levels, both sunken and at street level, will allow residents and neighbors to enjoy this unique urban landscape, and users are encouraged to cut through this park to the neighborhood and trail system behind, which leads down the to Bouldin Creek.
On the upper floors, PSW has crafted a residential building that reflects both the modern urban dweller’s functional needs while also celebrating the unique siting in a grove of trees. While the most efficient building would have been a rectangular block, the form of the building is J-shaped, to allow the building to hug the existing tree canopy and provide a greater variety of views and experiences for the residents and other building users.
PSW's premiere East Austin community will consist of 48 townhome style residences on an elevated courtyard above garage parking and 5,000 sq. ft. of first floor retail space. Located only two miles from downtown, Eastline is surrounded by dedicated bike lanes, has easy access to public transportation and is a short walk from one of Austin’s best entertainment and restaurant districts. The enclosed second floor courtyard is the focal point of the community and will provide a gathering place for residents and pets, engendering a social connectivity that urban dwellers seek. Eastline combines a dynamic modern aesthetic, from Larry Speck of Page architects, with innovative, low impact water quality controls, to create a community that is forward thinking in both design and environmental stewardship.
• Level 1 - 3,680 SF
• Level 2 - 3,620 SF
• Total SF - 7,300 SF
• Office and or Restaurant/Bar or Retail opportunity CBD zoning
• Newly built out shell condition space
• High visibility centralized downtown location
Saint Elmo is a landmark for celebrating craft, fostering creation and Collaboration, and building community through experience: Austin’s Social center for music, food and art on the scale of the world’s great city Markets.
While an extension of the South Congress corridor, Saint Elmo will be Unique to the market in its location, new product type, and concept. The project will offer tenants a mixed-use environment unmatched in all of Austin.
Framed by Austin’s new music row, Saint Elmo places the city’s most celebrated creative entrepreneurs alongside our brightest emerging talent, crafting food, music and experiences unavailable anywhere else. It’s an open, people’s market where chefs, distillers and roasters talk with patrons sitting elbow to-elbow lifting pints, slurping ramen or applauding a performance.
We’re not just curating the best of Austin — we’re bringing them together with the community, to bring Austin’s next great creative
concepts to life. It’s an idea that honors the heritage, heart and soul of our city — and shares it with the world.
VRA Commercial Real Estate is pleased to offer FOR SALE, “off-Market”, a +/- 30-acre tract of land for personal or development use, located in Lakeway, Texas off Hwy 71 West and Bee Creek Road at the “Gateway” to Rough Hollow, one of the top-rated master-planned communities in the country.
This property offers a rare opportunity to own and/or develop one of the few remaining larger tracts of land within the City of Lakeway’s full purpose zoning limits. In 2014 the City of Lakeway, a suburb of West Austin, acquired the 70 acres directly abutting the subject tract along its western boundary, for future park land use. At that time, Lakeway annexed these properties into its full zoning authority, however, left the existing “rural” zoning, in-place, which essentially is an “open” zoning, to allow the landowner more flexibility in the future, to determine or decide what zoning category would be most appropriate for the site. This site would be a prime development opportunity for many different commercial uses or high and/or low density residential units. Or maximize the site potential with a mixed-use development.
This site is atop a gentle hill of mostly flat to gentle slope topography, offering unobstructed panoramic 360° views of Lake Travis and the surrounding Texas Hill Country. Abutting the property along its southern boundary is the recently completed Lake Travis Middle School, an “Exemplary” school in the highly coveted, top rated Lake Travis Independent School District. This area of west Austin is one of the fastest growing suburban communities in the state and offers housing opportunities in new up-scale master planned communities including; Rough Hollow – 2,100 home-sites, Sweetwater – 1,800 home-sites, Serene Hills – 400 home-sites, West Cypress Hills – 647 home-sites, and many others.
Shopping, Dinning, and Entertainment can be found just minutes away in the Hill Country Galleria, a 1.5 Million square foot Lifestyle Center with retail, restaurants, theatre and Amphitheatre, office space and hotels. Additional shopping and dining can be found just across the street from the Galleria, in the 500,000 SF Shops at the Galleria in Bee Cave, Texas.
For the first time, ever, the 135 Acre Heffington Ranch is available for sale. This prime Ranch Property or New Development Tract in the coveted Bee Cave Area of Southwest Travis County is located off Hamilton Pool Rd. between Hwy 71 West and Hwy 12 in Austin, Texas and is in the highly acclaimed Lake Travis ISD. In addition to the Trinity Aquifer (deep) Water Well and 4 separate Septic systems on the ranch, the tract is in close proximity to water and waste water utilities provided by West Travis County PUA and Lazy Nine MUD. The tract lies just outside of Bee Cave city limits and its ETJ boundaries and partially lies within the City of Austin’s 5-mile ETJ. Additionally, there are 3 late model Mobile Homes on the ranch, totaling +/- 4,400 SF, 4 ponds, a horse barn, a large maintenance barn and horse arena. The ranch boasts a beautiful mix of lush green pastures and Oak Tree wooded areas and is fully perimeter fenced. This property is suited for prime residential or commercial development or a prime family estate ranch just 30 minutes from downtown Austin or the Airport. Southwest Travis County including Bee Cave and Lakeway is currently one of the most rapidly growing sub-markets in Austin and all Central Texas. This area is the Gateway to the coveted Texas Hill Country and offers some of the most beautiful land in Texas. Average household income in the area exceeds $160,000, among the highest in Texas for a suburban sub-market. Between 2000 and 2013, this area grew at an over 50% rate. Between 2013 and 2018, the same area is expected to see additional 20% growth rate! In recent years, developers have been delivering lots as quickly as possible, with literally 100% absorption. Newest communities in the area include Rocky Creek, Belvedere, Masonwood West, Bella Colinas, Sweetwater, Rough Hollow, Serene Hills and West Cypress Hills and more, combined have delivered over 7,000 new single family lots, while demand continues to grow.
Bishop Arts is Dallas’s most creative, eclectic neighborhood. It has the communal vibe of a small town but is infused with imagination of Dallas’s best and brightest. With 60+ independent
restaurants, galleries, studios and boutiques along a lovingly restored historic main street, it is a special place.
We’ve taken 10 years to figure that out. Traveling the world. Employing some of the finest architects and designers. Recruiting our own team of artists.
The answer, in the end, was simple: Give up half our allowed density and build to a human scale. Value design over efficiency. Utilize real, quality materials that grow more beautiful over time. Devote 1⁄4 of the land to open space, so there is room people can gather. Recruiting only the foremost creatives to join us as retail partners. Build dwellings to be part of a neighborhood rather than simply a place to live.”
Located in The Rainey Street District adjacent to the elegant 70 Rainey luxury condominiums. This highly visible mixed-use development which includes 75,740 square feet of multiple exciting uses will soon be the most talked about project in the Heart of the District. Rainey District will offer an eclectic tenant experience from the outdoor patios, restaurants, music venue and stunning office space.
Situated between Justine’s Brasserie and the Future Red Bluff Hotel. The Iconic Central Machine Works building and accompanying acreage in the Red Bluff District of East Austin is slated for thoughtful adaptive reuse. Marrying with times past, this project aims to weave the original 1946 building in with the new fabric of East Austin.
801 Barton Springs Road is the 90,500 SF class A office building located across from the Palmer Events Center. The seven-story building will house Austin-based Texas American Resources Co.'s headquarters and a 1,800 SF restaurant. Fantastic location just south of downtown and Lady Bird Lake. Easy access to downtown and all of Austin without the congestion. Bouldin Creek blends central city convenience with walkable entertainment and Greenbelt access. High visibility to the downtown area will make this a premier location for any business. Featuring a bold, contemporary exterior design, sophisticated common areas and floor to ceiling glass with epic of the city.
Extremely unique opportunity to be in heart of East Austin with ability to go up to 60k sq feet (ability to add a mezzanine that will take foot print to +/- 80k sq ft). Property features 300+ parking spaces.
Developed by Greystar Real Estate Partners, The Platfrom is located within the ever growing MLK TOD district of East Austin. The project is adjacent to the MetroRail system and the East Austin Social Profit Village, which includes The People Fund, Sustainable Food Center and Creative Action. The Platfrom includes 355 residential units, ground floor retail/creative office space, and associated amenities. This urban infill project is currently under construction and anticipated to deliver in mid-2016.
2nd Street is Austin’s most unique district offering eclectic shopping, stylish living, sensuous dining, vibrant entertainment and first-class working spaces. Day & night, the downtown
district’s originality & appeal attracts locals and travelers with an authentic vibe 24-SEVEN.
Since 2005, the 2ND Street District has evolved into the most vital part of Austin’s downtown infrastructure. Drawing new business, shopping & dining traffic, the district is composed of six city blocks anchored by two residential towers, two office towers, the W Hotel and City Hall, all with ground floor retail. Adding to the density & surrounding the 2ND Street District include three newly developed luxury residential towers as well as the new Federal Courthouse. All of which & including Lady Bird Lake immediately to the south undoubtedly make 2ND Street District the dominant host of festivals, concerts, races & other events throughout the year.
1.926 acre tract mixed-use opportunity at thinkEAST with 200+ frontage on Shady Lane near Govalle Park in the heart of the creative hub of Central Austin. Zoned LO-MU with relaxed compatibility requirements. The site is fully entitled, flat, easy to develop with minimal difficulties and includes a completed development assessment from Bury. Located across from AE' s proposed Community Solar Array and several large creative commercial, mixed use and multifamily projects under construction and planned in the immediate vicinity.
thinkEAST Austin is a new 24-acre mixed-use district for Austin' s creative community. thinkEAST will offer affordable living, working and flexible studio spaces for a wide range of Austin' s creative industries, including technology, design, music, film, fashion, gaming and visual arts. Located in a park-like setting near the city' s new Gateway Corridor, thinkEAST connects directly to Govalle Park, the recently completed Southern Walnut Creek Hike and Bike Trail and the planned Green Line metro rail. thinkEAST will use sustainable modern architecture to foster engagement and to stimulate growth and diversity in East Austin' s economy, culture and community.
The Artpost ( Fully Leased ) is an adaptive reuse of an industrial fine arts complex housing local office tenants such as Transmission Events, LookThinkMake, Pavonetti Architects, Craft and is home to famed resident artists Foster Tagle and Jim Franklin. The project will also feature a small cafe and coffeehouse and the upcoming brewery and restaurant, The Brewers Table.
“I have worked with Zac Porter for a number of years. I have also been involved with various landlords, amazing developments, and iconic figures in the real estate realm from Crescent, Inland,
Highland Park Village, Southlake Town Square and many more. I would not only recommend Zac, I would strongly suggest you not let him work for your competition. He always ensures we
make the best possible impression in our business dealings and is incredibly responsive, thorough, and tenacious. His professionalism is of the highest standard and above all he just never
gives up, ever!"
—Larry North of Larry North
VRA'S platform is built upon extensive experience with mixed-use, high street and specialty real estate knowledge. VRA partners deliver solutions including, but not limited to entitlement consulting, fee development, owners representation, design oversight & plan review, permitting and license agreement expediting.
VRA Commercial Real Estate - Austin
317 W 3rd St
Austin, TX 78701
VRA Commercial Real Estate - Dallas
2555 N Pearl St, Suite 905
Dallas, TX 75201