AUSTIN, TEXAS (Aug. 8, 2022) — United Properties announced today that Victor Young has joined United Properties – Austin as senior vice president of commercial development. In this role, Young will serve as market lead and direct all development activities based out of the Austin office. He will report directly to Bill Katter, United Properties president and development chief investment officer.

“We are very excited for Victor to lead the United Properties – Austin team as we expand our portfolio in the region,” said Katter. “He’s an experienced developer and longtime Austinite who has strong relationships with the companies, brokers and financial institutions that call Austin home.”

Young comes to United Properties with an extensive background in real estate development. Most recently, he was a principal at Cypress Real Estate Advisors where he specialized in multi-family, office and mixed-use developments.

“As a lifelong Texan and long-term resident of Austin, I have witnessed firsthand the dramatic transformation of our city and have been fortunate to raise my family while participating in the most active real estate market in the country,” said Young. “The company’s mission of ‘creating deep roots’ while building and strengthening communities, along with the innovative team that makes up United Properties, is what attracted me to this opportunity. I’m thrilled to channel my passion for this field into my role at United Properties.”

Before joining Cypress Real Estate Advisors, Young launched Greenbelt Commercial, the real estate acquisition and development company behind properties such as the award-winning SXSW Center in downtown Austin — which houses South by Southwest’s headquarters — and the Eastlake at Tillery office development, among others. He was also a development partner at Capital City Partners, Inc. and a commercial real estate broker for Aquila Commercial in Austin.

Young is a Texas native with a bachelor’s degree from Rice University (where he played football) and a law degree from the University of Texas at Austin School of Law. He lives in Austin with his wife and two children and serves on the board of the Pease Park Conservancy while actively supporting many other local nonprofit organizations.

United Properties expanded operations to Texas in 2020, opening a development office in Austin after carefully studying the area’s growth trajectory and how it has responded to both market expansions and downturns.

“We love the diversity and growth opportunities in Austin,” Katter said. “We like the strong tech hub and the culture and people of Austin, and we’re excited about new projects on the horizon.”

AUSTIN, TEXAS (June 22, 2022) — The local office of United Properties, a Minneapolis-based real estate developer and investor, today announced Phase 1 at Buda Midway is 100% leased and will soon break ground on the second phase of its 70-acre Buda Midway industrial development, ultimately bringing over 850,000 sq. ft. of space to the market.

Phase 1 consists of three buildings totaling nearly 480,000 sq. ft. Building 1 is 115,090 sq. ft. and leased by CED Greentech and Sherri Hill. Building 2 is 115,090 sq. ft. and Building 3 is 244,240 sq. ft.; both are leased by Four Hands Furniture. Buildings 1 and 2 will be fully delivered this month and Building 3 will be completed in July.

“We have seen strong leasing demand for our first phase at Buda Midway from the modern tenant looking for premium amenities, energy-efficient spaces and a sophisticated aesthetic,” said Leigh Ellis, principal, AQUILA Commercial. “Beyond Buda Midway’s design attributes, its sought-after location being only one exit south of Austin has played a major role in pre-leasing efforts. We are grateful to the City of Buda who worked with us from the start to recruit top-notch tenants to the area.”

Phase 2 of Buda Midway will include four rear-load buildings totaling nearly 390,000 sq. ft. and Building 1 is set for completion in spring 2023. The development is located at 1795 Fire Cracker Dr., east of IH-35 in Buda, Texas.

Buda Midway is situated just five minutes south of the intersection of IH-35 with SH-45, providing tenants immediate proximity to Austin. The site allows for quick access to the northern suburbs of Round Rock and Temple, as well as south to San Marcos and San Antonio.

Companies who choose to locate in Buda may have access to Triple Freeport exemptions, as well as incentive opportunities and other resources through the City of Buda and the Buda Economic Development Corporation.

“Buda Midway has been a great project for United Properties and for the City of Buda and surrounding areas,” said Brenda Studt, senior development manager, United Properties. “We’re excited for the tenants who will call it home and proud to deliver one of Austin’s most desirable business parks to meet the ever-growing need for class A industrial space.”

This is the first Austin-area project from United Properties and the firm is working on several fronts in the region, from industrial development to mixed-use and residential. With a proven track record of creating value, United Properties is recognized in the industry for its operational excellence, innovative approach and steadfast commitment to the communities it serves.

Leigh Ellis, Omar Nasser and Blake Patterson with AQUILA Commercial handle the leasing for Buda Midway.

For more information about the property, visit the Buda Midway website: www.budamidway.com.

About AQUILA Commercial

Founded in 2007, AQUILA Commercial is a recognized leader in Austin commercial real estate. Today AQUILA manages and leases over 16.5 million square feet of office, industrial and retail properties and has over 600 corporate tenant representation clients. AQUILA offers clients full-service real estate solutions, providing tenant representation, project leasing and asset, property and project management services for office, industrial and retail properties. For more information, visit: www.aquilacommercial.com.