RD Management Welcomes Wayback Burgers to Shops at Tech Ridge in Austin, TX

August 7, 2017

RD Management LLC, one of the nation’s largest privately held real-estate development and management organizations, announced today it has signed a lease with Wayback Burgers at its Shops at Tech Ridge in Austin, Texas. Wayback Burgers will occupy 1,633 square feet of the 504,153-square-foot center and join tenants including Floor & Décor, Fitness Connection, Ross Stores, Toys “R” Us, and Conn’s HomePlus.

Shops at Tech Ridge is located in Travis County at 12901 I-35 South and Parmer Lane. The center can be accessed from I-35 Frontage Road and Center Ridge Drive, and has three multi-tenant pylon signs making it highly visible to drivers. 3M is moving its Austin regional operations and 800 employees to a 272,000-square-foot office building called Parmer 3.3 one mile from Shops at Tech Ridge by the first quarter of 2019. The property is also situated in close proximity to Dell Parmer South Campus, a General Motors corporate office, and surrounded by an additional 750,000 square feet of complementary retail. This will include a 10-screen AMC Theatres adjacent to the center come 2019.

“A rapidly increasing Austin population and highly dense corporate market are two factors contributing greatly to the success of our Shops at Tech Ridge shopping center,” said Richard Birdoff, principal and president of RD Management. “Since our acquisition of the center in January, we’ve been working diligently to enhance the shopping experience and bring a new mix of retailers offering home furnishings, food, fitness, and more. As the area continues to attract new residents, major employers, and their employees, we look forward to welcoming them to our center and doing our part to help achieve a live-work-play environment here in Austin.”

RD Management owns and operates a portfolio of 150+ assets throughout the United States and Puerto Rico, with properties spanning the mixed-use, retail, office, residential, hospitality, self-storage, senior/student housing, industrial, and government sectors.

Those interested in leasing anchor or in-line spaces, or learning about pad site opportunities at Shops at Tech Ridge, can contact Bradley Schwartz at (212) 265-6600 x298 or bschwartz@rdmanagement.com.

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