Travesia Corporate Park the high profile office property is scheduled for foreclosure auction. Colonial Savings – as the lender – posted the 46,530 square-foot Travesia Corporate Park for foreclosure – and this is just a part of the development which total 176,000 square feet in three buildings. The reason why this development ended up at [...]
Downtown Austin, popularly known as the business district, is showing signs of re-developing with new constructions, after a concern-causing lull over raising up commercial properties for years, due to foreclosure dilemma. News is a sixteen-story, 88,000 square-feet office tower is being planned for construction for the 900 block of Congress Avenue – a site currently [...]
According to latest news reports appearing in San Marcos Daily Record, commercial property foreclosure listings have mushroomed in Travis, Hays, Bastrop and Williamson counties during the first six months this year, as per tracking Austin Metro by Foreclosure Listing Service (FLS) – an Addison-based firm. The figures go to show that Hays County commercial foreclosures [...]
Commercial property foreclosures are spreading to high-end areas in Austin. From the posh University Park area, the mortgage lenders – U.S. Bank and Texas Capital Bank – have jointly filed a foreclosure petition on the former Concordia University campus for the June foreclosure auction. The promoters of this office building, East Avenue Holdings LP, owe [...]
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