"Real Estate Roundup: Local firm snatches up lots of space in St. Elmo, plus more deals to know"
Posted by Grossman & Jones Group on
Austin Business Journal reports, "one of the biggest property owners in South Austin’s St. Elmo Arts District acquired a whole lot more real estate in the neighborhood in December.
Austin-based Veloway Threads — owners of The Yard and other properties where business such as Icon, Tesla, Still Austin and St. Elmo Brewing lease space — purchased eight properties within the district last month, said Priscilla Sauceda, vice president of operations and community at Veloway Threads. The area, which a few years ago was a sleepy industrial hub, has piqued the interest of many developers and is rapidly changing into a mixed-use destination.
The firm also purchased four other properties outside of St. Elmo, and all 12 properties together pushed Veloway’s…
283 Views, 0 Comments