United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The Austin Chamber is excited to welcome them not only to the Austin community but also as a new member.

This move marks the third operating location for the privately held development company in its 104-year history. “We’ve studied the Austin market very carefully, our leadership has some familiarity with Austin, and we’ve generally been impressed by its growth trajectory and how it’s responded in both market expansions and downturns alike,” says Bill Katter, president and chief investment officer, United Properties Development.

“We also like the diversity and growth opportunities Austin provides to complement our existing Minneapolis and Denver markets, where we’ve been very successful,” Katter says. “We like the strong tech hub here, the culture and the people, whom we’ve gotten to know. We are very excited to get going here.”

Josh Delk will lead the Austin team as senior vice president of Austin commercial development. “I did a lot of my own research on United Properties and its owners and believe they have a lot in common with Austin — they are entrepreneurial, trustworthy and community-focused,” he says. “I am super excited to get started.” Delk says that he’s like many people in the area: he came to school at the University of Texas at Austin and never left.

“Our plan is to build a presence here in Austin and become a market leader across several different product types,” Delk says. United Properties brings expertise in industrial, office, mixed-use and senior housing; Delk brings prior expertise in many of these areas plus a strong multi-family residential background. “We believe that there is immediate opportunity in the industrial segment, and we expect that the residential market will rebound quickly after the current COVID-19 crisis is past us, given the influx of people moving into Austin,” he says.

*United Properties Ford Center in Minneapolis

“The expansion into the Austin market expands our family tree,” Katter says. “After building a strong foundation in the Twin Cities and Denver real estate industry and communities at large, we look forward to putting down deep roots in the Austin community and leaving lasting legacies — one of our key values.”

The Austin Chamber is excited to welcome United Properties to our business community and to provide them and all our members unique opportunities to network, form new partnerships, and get work done!



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