Spiceworks racks up 96,000 SF in new Austin projectSpiceworks racks up 96,000 SF in new Austin projecthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=55132013-12-11T07:19:00Z2013-12-11T00:00:00Z

AUSTIN - Work is scheduled to start Jan. 1, 2014, on a 250,000-sf office building in the San Clemente development at Capital of Texas Highway (Loop 360) and Westlake Dr. Located in Southwest Austin, the HPI Real Estate Services & Investments project will be built for more than $70 million.

The project already has a lead tenant on board — Austin-based Spiceworks which has signed a long-term lease for 96,000 sf, nearly 40 percent of the five-story building.

Spiceworks has 235 employees, more than 200 of whom are based in Austin. Next year, it expects to grow its headcount by almost 30 percent, to about 300 employees.

The building Spiceworks will occupy will join six others in the San Clemente office-and-retail development, which is slated for eight buildings totaling 825,000 sf once completed. Tenants include local tech firms VM Ware and Bazaar Voice.

The building is planned to open by May 2015.

Read more at the Austin American-Statesman.

Austin American-Statesman
Austin-Round Rock
http://www.mystatesman.com/news/business/office-project-planned-for-southwest-austinhomegro/ncgc3/Read more at {Source}

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