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Exploring Life & Business with Jason Faludi of AQUILA Commercial

Today we’d like to introduce you to Jason Faludi.

Jason, we appreciate you taking the time to share your story with us today. Where does your story begin?
I was a real estate attorney in Louisiana and changed careers to real estate brokerage in 2004 when I moved to Austin. In 2007 when AQUILA Commercial was formed, I was asked to come over to run our retail platform, I became a partner not long thereafter and have been here ever since.

Can you talk to us a bit about the challenges and lessons you’ve learned along the way. Looking back would you say it’s been easy or smooth in retrospect?
Commercial real estate can be hard on certain personalities as every deal presents different challenges whether you’re on the landlord or tenant side. As Mark Knopfler wrote: “sometimes you’re the windshield, sometimes you’re the bug.” I’ve been lucky that my even-keeled personality is compatible with the up and down nature of this profession.

We’ve been impressed with AQUILA Commercial, but for folks who might not be as familiar, what can you share with them about what you do and what sets you apart from others?
We are a full-service commercial real estate brokerage firm that specializes in both tenant and landlord representation in all sectors of commercial real estate including retail, office, industrial, and land. We help both tenants and landlords negotiate for space, whether it is to lease or for sale.

We also have a management arm of our company that helps landlords manage their commercial real estate assets,

My job here is to help clients with any of their retail needs as I run our retail platform. I have helped clients transact approximately one thousand deals in the Austin area over the last 22 years. I think that’s something that separates me from others in the area. I simply have a lot of experience, I know the players, and I’ve seen a lot.

I am known for helping a lot of restaurants find and negotiate for their locations and because of that, I am funneled most off-market restaurant properties prior to them being brought to market. As such, my clients typically get to see what’s about to come to market prior to everyone else.

Where do you see things going in the next 5-10 years?
With Austin retail occupancy being over 97% and demand for retail space showing no signs of slowing in the near future, I see retail rents continuing to climb to a point where most mom-and-pop retailers are potentially priced out of business, We are already seeing this and it’s sad as this is how a city loses its uniqueness.

I miss Lucy In Disguise!

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