CBRE announces that Brandywine Realty Trust has enlisted its services to support the leasing and marketing of the Class A+ office space at the new Broadmoor development in Austin located across Burnet Road from The Domain.
The Broadmoor campus is a 66-acre mixed-used development in Northwest Austin, situated directly between the Domain and Charles Schwab’s North Austin campus. In total, this innovative campus will consist of 3 million square feet of office, 3 million square feet of multifamily, 400,000 square feet of retail, 250,000 square feet of hotels, 9-acres of green space and a new metro rail station.
CBRE’s Troy Holme, Katie Ekstrom and Casey Ford will be working with Brandywine Realty Trust to initially market Block A, consisting of an approximate 330,000 square foot office building, and Block L, which will be able to accommodate up to 1.2 million square feet of office space at Broadmoor. Combined these two blocks will provide more than 1.5 million square feet of office space to the market.
“Once complete, Broadmoor will be a thoughtfully planned, transit oriented mixed-use project,” says Troy Holme, Executive Vice President at CBRE. “Across the street from the Domain and a few blocks from the new Austin FC soccer stadium, Broadmoor will be an ideal choice for tech companies and professional firms looking for an office environment that includes numerous parks, restaurants, retail, hotels, multifamily housing and its own rail station.”
“We are developing Broadmoor as a new destination for all Austinites,” says Bill Redd, Executive Vice President and Senior Managing Director of Brandywine Realty Trust. “Our goal is to offer current and future corporate users superior, cutting edge office space with every amenity possible close at hand. We are looking forward to working with CBRE to attract these new and expanding companies to this thriving submarket.”
According to CBRE Research, vacancy rates at the Domain are extremely low, currently sitting at just 1.7%.
The Broadmoor campus is a 66-acre mixed-used development in Northwest Austin, situated directly between the Domain and Charles Schwab’s North Austin campus. In total, this innovative campus will consist of 3 million square feet of office, 3 million square feet of multifamily, 400,000 square feet of retail, 250,000 square feet of hotels, 9-acres of green space and a new metro rail station.
CBRE’s Troy Holme, Katie Ekstrom and Casey Ford will be working with Brandywine Realty Trust to initially market Block A, consisting of an approximate 330,000 square foot office building, and Block L, which will be able to accommodate up to 1.2 million square feet of office space at Broadmoor. Combined these two blocks will provide more than 1.5 million square feet of office space to the market.
“Once complete, Broadmoor will be a thoughtfully planned, transit oriented mixed-use project,” says Troy Holme, Executive Vice President at CBRE. “Across the street from the Domain and a few blocks from the new Austin FC soccer stadium, Broadmoor will be an ideal choice for tech companies and professional firms looking for an office environment that includes numerous parks, restaurants, retail, hotels, multifamily housing and its own rail station.”
“We are developing Broadmoor as a new destination for all Austinites,” says Bill Redd, Executive Vice President and Senior Managing Director of Brandywine Realty Trust. “Our goal is to offer current and future corporate users superior, cutting edge office space with every amenity possible close at hand. We are looking forward to working with CBRE to attract these new and expanding companies to this thriving submarket.”
According to CBRE Research, vacancy rates at the Domain are extremely low, currently sitting at just 1.7%.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
