Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Drawbridge Realty Signs Lease with Younicos AG at 3100 Alvin Devane in Austin, Texas
  • USA - English


News provided by

Five Two SQ Integrated PR, Inc.

May 01, 2015, 03:00 ET

Share this article

Share toX

Share this article

Share toX

3100AlvinDevane
3100AlvinDevane

San Francisco, California (PRWEB) May 01, 2015 -- Drawbridge Realty (http://www.drawbridgerealty.com/) announced today the signing of a new seven-year lease with Younicos AG for approximately 32,500 square feet at 3100 Alvin Devane in Austin, Texas. Younicos AG is a global leader for intelligent storage and grid solutions within the clean energy industry and will be using this space as its United States headquarters and product demonstration location.

“Drawbridge Realty is very excited to have Younicos AG anchor 3100 Alvin Devane. This lease demonstrates the need for a well-designed functional office/R&D space that is five minutes from Bergstrom International Airport and Downtown Austin,” said Chris Elmendorf, Vice President of Investments for Drawbridge Realty.

Drawbridge Realty commenced a multi-million-dollar redevelopment of the 71,375-square-foot building [in December 2014] with completion scheduled for May 2015. The redevelopment converts a former industrial flex building into a highly desirable, modern office space. “By understanding the needs of the tenants in the Austin marketplace, we created a redevelopment plan that essentially delivers a new building. With Younicos AG recognizing this prior to completion, we are very excited about the potential for the remaining space and our ability to provide a creative office space solution that addresses the continued demand for space at a fraction of the cost of being downtown,” said Mike Embree, Vice President of Asset Management at Drawbridge Realty.

According to lead architect, Stephen Levy, AIA Levy Architects, “We were charged with updating an outdated 1980’s style building and giving it a modern look and feel with lots of natural light, wide open workflow spaces as well as energy efficient design details throughout. Our team was given the freedom to let the design drive the decisions, versus having to compromise the design because of existing structural contingencies.”

The renovated building also includes two spacious lobbies, each featuring staircases, an open architecture and new glazing on existing internal wall panes, giving the interior an intentionally un-polished aesthetic along with a new roof, 30 energy efficient windows, and all new mechanical systems throughout.

The project was designed by LEVY Architects, PLLC with Structura, Inc. as the selected general contractor for the project. Marketing the project on behalf of Drawbridge Realty are Kevin Granger and Matt Frizzell with Peloton Commercial Real Estate.

For further information about Drawbridge or this transaction, please contact:
Brandi Tribulato, Vice President, Investor Relations,
Drawbridge Realty, LLC
(415) 391-4470 or BTribulato(at)DrawbridgeRealty(dot)com

About Drawbridge Realty, LLC                                                                                                                                                    
Drawbridge Realty, LLC is a San Francisco-based real estate investment and development company that targets commercial property investments predominantly in select markets across the western United States with a current portfolio comprising over two and a half million square feet. The firm pursues properties suited to large corporate tenants, with an emphasis on fully occupied buildings, as well as properties that are ready for new development, redevelopment, or conversions to higher and better uses. The current portfolio is comprised of properties located in the Silicon Valley; San Diego; Austin, Texas; and Salt Lake City, Utah. Drawbridge has completed transactions with major corporations including Broadcom, Google, Johnson & Johnson, L-3 Communications, Lockheed Martin, Medtronic, Monsanto, National Instruments, Northrop Grumman, and Unisys. Learn more at http://www.DrawbridgeRealty.com.

About LEVY Architects, PLLC                                                                                                                                                                    
An Austin based full service architecture firm with expertise in master planning, land planning, and sustainable design for Commercial, Corporate, Public, Multi-Family, Ranch, Residential, Hospitality and Industrial needs. Marrying the aesthetic with the pragmatic nature of all architectural projects, LEVY Architects, PLLC represents a new kind of design firm. The company, founded in 2003 by Stephen V. Levy, AIA, recognizes and rewards each architect’s contributions regardless of seniority. This model has positioned the company as one of the fastest growing firms in Austin. See recent projects and more at http://www.levyarchitects.com.

About Peloton Commercial Real Estate                                                                                                                                    
Founded in 2002, Peloton Commercial Real Estate (Peloton) is one of the leading full-service commercial real estate companies in Texas. Comprised of highly qualified and experienced professionals, Peloton utilizes its superior market expertise and a broad array of service offerings to effectively and successfully realize its clients’ real estate goals. Peloton is currently operating in 5 cities within Texas with over 150 employees, between Dallas/Fort Worth, San Antonio, Austin and Houston. Peloton’s current portfolio consists of 26 million square feet of office, industrial, retail and mixed-use leasing projects and 12 million square feet of property management. For additional information, please visit http://www.pelotoncre.com.

About Structura, Inc.                                                                                                                                                                        
Structura is a Texas based General Contractor with offices in Austin, Houston and Dallas. Specializing in all types of commercial construction, Structura provides design- build, construction management and traditional construction services throughout the State of Texas. Founded in 2006 by Rusty Morgan and Kevin Jones, Structura has experienced rapid growth and success through its commitment to exceed client’s expectations and build lasting relationships on every project. For more information, visit http://www.structurainc.com.

  • * *

Kimberly Strenk, Five Two SQ Integrated PR, Inc., http://www.fivetwosq.com, +1 (415) 515-9414, [email protected]

Modal title

DrawbridgeRealtyLogo
DrawbridgeRealtyLogo
LevyLogo
LevyLogo
DrawbridgeRealtyLogo LevyLogo

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.