Patrinely Group venture starts office project for Austin tech company

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Houston-based Patrinely Group, in partnership with USAA Real Estate of San Antonio, will build an office building for Q2 Holdings at its Aspen Lake complex in the northwest technology corridor of Austin.

Aspen Lake Three, a 128,990-square-foot build-to-suit development at 10355 Pecan Park Blvd., will accommodate the long-term operations for Q2, a provider of cloud-based virtual banking solutions. The four-story building is slated for completion in April 2021.  Other tech companies in the region include IBM, Apple and Visa.


Patrinely Group and USAA Real Estate acquired the vacant Aspen Lake One office building and two adjoining parcels in 2011. After filling Aspen Lake One with tenants, including a lease to Q2, Patrinely developed the Aspen Lake Two office building in 2015. Q2 then leased the entire Aspen Lake Two building.



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“A great work environment for our teams is critical to our success,” Q2 CEO Matt Flake said in an announcement. “We’re excited to have the space we need to support our growth and the environment we need to effectively collaborate with our customers on innovative solutions needed for digital transformation in financial services.”


Will Douglas, Russell Young and Harrison Schuhmacher represented the Q2 in the lease, while Dennis Tarro of Patrinely and Ben Tolson with Aquila Commercial represented the landlord.

In the Houston area, Patrinely Group and USAA Real Estate are developing several projects in Springwoods Village in partnership with CDC Houston.