Wednesday, July 27, 2011

Four Points Centre lands new office tenant - Washington Business Journal:

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“We are extremely excited to sign a lease with such an outstanding companyas THQ,” said Mark Greinedr of Oxford Commercial, the project’sw leasing firm. “This lease with THQ demonstratesthat first-clasd office buildings continue to attract tenant interest even in challenging markets.” THQ will move into Four Pointss this fall. Four Points Centre has 200,0090 square feet of officre space, 270,000 square feet of retai space and 550multifamily apartments. The developmenf will ultimately have an additional 1 millio n square feet ofoffics space, 250,000 square feet of retail space and a 250-rook hotel.
The new lease is significant sincre Four Points is in an area of Austin that has seen offics vacancy rise in recent months as millions of square feet of new producrt havebeen delivered. Four apartments do have tenants, as does its retail — including an HEB and David Kimball and Keituh Zimmerman with UGL Equis representedTHQ Inc. The development has also been awardes Gold rating underthe ’s Leadership in Energy and Environmentalo Design for its core and shell design. “As part of Opportunity we are in constant contact with a variety of businessex contemplating moving to or growingin Austin.
With greater companies are seeking eco-friendly said Gary Farmer, chairman of the Opportunity Austin economi cdevelopment initiative. “It’s importangt to have such spacereadilyg available.”

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