CBRE Arranges Five Office Leases at Centre II in Austin, Texas

A total of 22,823 square feet of recent leasing activity has been arranged at Centre II, a three-story, 54,696 sq. ft. office building just south of downtown Austin, Texas. The five deals include a combination of new leases and renewals that were signed over the past six months.

“The leasing success we’ve seen at Centre II is proof that significant demand exists for small to mid-sized office space in well-located areas,” said Tim Ronan Jr., founder and managing partner of Stanton Road Capital (SRC), the owner of Centre II. “Our ability to respond quickly to prospective tenants with market-rate concessions and TI packages has proven invaluable.”

Casey Ford with CBRE in Austin represented the landlord, SRC, in all lease negotiations.

“SRC’s proactive and flexible approach to leasing has contributed greatly to the recent leasing success at Centre II,” said Mr. Ford, executive vice president with CBRE.

Located in Austin’s Southwest submarket at 3101 Bee Cave Rd., Centre II was acquired by SRC in 2022. The property features ample parking, newly renovated common areas, easy access to major thoroughfares and local restaurants, and beautiful views of downtown Austin.

The property has attracted tenants from various industries, including facilities services, recruitment, financial advisories and legal. The largest lease recently signed was a renewal from Abaco Systems, a computer hardware manufacturer headquartered in Huntsville, Alabama. The company occupies 11,049 sq. ft. at Centre II.