Pflugerville: newspaper founders plan Class 32,000-SF officePflugerville: newspaper founders plan Class 32,000-SF officehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=26492014-10-30T07:13:00Z2014-10-29T00:00:00Z

PFLUGERVILLE - 130 Commerce Center is getting a new $5 million Class A office building, adding an additional 32,000 sf of office space to the rapidly developing business and industrial center.

The building will be built by MRS Holdings Inc., which plans to begin construction in early 2015. The Pflugerville City Council approved an agreement Tuesday that lets the Pflugerville Community Development Corp. (PCDC) prelease up to 66 percent of the building.

"This was a mutually beneficial opportunity for the PCDC and MRS Holdings. They have assurance of tenants upon completion, and I am more than confident that we will fill the space with businesses," said PCDC Executive Director Floyd Akers.

MRS Holdings is owned by Pflugerville residents John and Jennifer Garret, who founded the Community Impact Newspaper chain in 2005.

Previously, their company built a $2.5 million, 16,000-sf building at the 130 Commerce Center park, where they then relocated Community Impact Newspaper's headquarters.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2014/10/newspaper-founders-to-build-class-a-office-in.htmlRead more at {Source}

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