News Bo

July 2007

• Austin Music Hall Redevelopment - Texas Realty Partners, LLC advises and represents Direct Events in the renovations of the Austin Music Hall. Texas Realty Partners, LLC was key in the development process working with owner Tim O'Connor to present the plans to the City of Austin and obtained variances to allow for an expansion of the space and negotiated a restaurant lease in the premier music venue in downtown Austin. Austin American Statesman photo montage of demolition. The new venue will include VIP boxes, an updated bar, and provides a 4,000 seat music venue.
• Texas Realty Partners, LLC completes the sale of $1,000,000 in residential real estate income properties and completes a 1031 exchange for investor Skelton Properties.
• Tengo Internet hired Loren Kirkpatrick to identify office space for the growing startup. Texas Realty Partners, LLC identified the historic Scarborough Building as a great downtown location for the company. Texas Realty Partners, LLC also managed the finish out construction for the space saving 100+ year old hard wood floors in the process. Please feel free to contact Loren Kirkpatrick for other interesting ideas for your business needs.
• Forum Development Group. LLC retained Loren Kirkpatrick and Texas Realty Partners to market 4,300 SF of office condominium at the Overlook at Barton Creek. Click here for more details on the property - Overlook at Barton Creek. The existing tenant vacated the building unexpectedly and Loren Kirkpatrick worked to fill the space while marketing the property for sale. The creative use of executive temporary space has increased owner cash flow to offset holding costs during marketing. In addition, an ongoing renovation of the exterior of the building Loren Kirkpatrick has worked with University of Texas Architects to supply recycled windows, doors, and rock for use in low income projects in East Austin.

June 2007

• The Coupland Inn and Dancehall was sold and brokered by Texas Realty Partners' Loren Kirkpatrick representing the Seller and Rick Smitherman representing the buyer and acting as principal on June 6, 2007. The one hundred year old dancehall will continue operations and feature an enhanced menu and carry on the great tradition for live music. Austin Chronicle Story about Coupland and Dancehall
• Get out to Coupland for a little BBQ, Steaks, Beer and Two Stepping. Rooms are available for rent.

January 2007

• Texas Realty Partners, LLC (Commercial) lists the Warner Ranch Multi-family package for the Hanover Companies. The retail, multi-family, and commercial out tracts are still available for the highly visible S.H. 45 and Louis Henna Blvd.

December 2006

• Texas Realty Partners, LLC (Commercial) completes brokerage of the sale of a portion of Airport Commerce Park industrial development site representing the Seller, Bennett Realty Group. Simmons Vedder of Austin was the buyer in the transaction. Hill Partners is currently marketing the property and construction has commenced and the project scheduled to open in in the 4th Q 2007.
• La La Media of San Francisco www.lala.com retains Loren Kirkpatrick to assist the company with their SXSW showcase for online radio station www.woxy.com - Successful placement, lease of non-listed, non-traditional studio space. Due to new royalty fees imposed on internet radios the station decided, not to expand in Austin. Loren Kirkpatrick aided in the decision process by working with the client to look at their existing needs and costs associated with the move.

Fall 2006

• Texas Realty Partners and Henry S. Miller Commercial, Inc. Austin TCN list the Coupland Dancehall & Inn a classic texas honky tonk and bar - a great venue located east of Round Rock, Texas and 35 miles north of Austin, Texas
• Texas Realty Partners advises Rockhound Grill on 5,000 SF lease on Barton Springs Rd.

Summer 2006

• Texas Realty Partners (Residential) completes sale of 1.6 acres Lake Travis waterfront property
• Texas Realty Partners (Commercial) finalizes lease in the Warner Ranch project for Auto Zone
• Rick Smitherman joins Texas Realty Partners providing TRP customers with 30 years of C-Level experience in real estate investing and financing expertise
• Texas Realty Partners advises and completes a San Antonio multi-family 1031 exchange purchase for California investment concern
• Texas Realty Partners (Residential) completes the sale of a spec house on 123 Coventry Lane in Spicewood, Texas

Spring 2006

• Loren Kirkpatrick joins Texas Realty Partners team directing TRP's development services, buyer/tenant representation solutions, and interactive marketing strategies
• Texas Realty Partners advises and completes a San Antonio multi-family 1031 exchange purchase for California investment concern.