Press

April 04 , 2012

The Retail Connection launches Austin office; eyeing further expansion

The Retail Connection launches Austin office; eyeing further expansion

Dallas Business Journal
by Candace Carlisle, Staff Writer
 
Date: Wednesday, April 4, 2012, 1:56pm CDT
 
The Retail Connection L.P. is opening an Austin office and eyeing further expansion as it continues to grow its tenant base. "We've been doing business down there, but this will allow us to get more deeply involved in the market," said CEO Steve Lieberman. "We want to really leverage the market." The new office will offer a full range of services including business, brokerage advisory and investment services, he said. With the opening of the new office, The Retail Connection has hired Austin real estate veterans Lance Morris and Carla Neel, both formerly of The Weitzman Group. Morris has 28 years experience working in the Austin retail market. Lieberman says he plans to hire roughly 20 percent to 30 percent more employees in Texas this year, including in Austin. The Retail Connection has offices in Dallas, Houston and San Antonio. "This cycle has been very good for us and we are much larger today than in 2008," he said. The Retail Connection has 225 retail and restaurant clients, and manages 25 million square feet of property. Since 2008, the real estate services and property management firm has grown about 20 percent, and there's no sign of that growth stopping, Lieberman said. "We are in the middle of growth," he said, but he added that the Austin office was the last outpost left in Texas. As for expansion outside of the Lone Star State, Lieberman said: "This is it for Texas, but this is not it. We will continue to grow."