Four Hands Leases Nearly 20,000 Square Feet in the Eastbound Office Building in East Austin to Support Growth

Four Hands, the leading global designer and wholesaler of lifestyle home furnishings, has leased approximately 20,000 square feet in the East Austin office building Eastbound, located at 3232 E. Cesar Chavez St.

Four Hands signed the lease less than two months after the owners of the recently recapitalized building — Lincoln Property Company, The KOR Group, and Fenway Capital Advisors — began making spec tenant improvements to office suites totaling 46,000 square feet in an effort to attract more companies with move-in ready space.

“We are thrilled to have Four Hands as a tenant at Eastbound,” said Lincoln Executive Vice President Seth Johnston. “Known for its distinctive style and collaborative culture, we believe the company is a perfect match for this unique building, which offers high-end design features and abundant amenities and workspace options that are unmatched in the East Austin market.”

Eastbound features two, four-story buildings oriented around a lush central plaza. Filled with abundant natural light, the buildings offer abundant outdoor workspaces including private balconies and rooftop terraces. Eastbound includes a fitness center with a yoga room and spa showers, conditioned bike storage, a tenant lounge, a fenced-in dog run, and potential restaurant space with outdoor seating. The LEED Gold certified building also offers an attached parking garage with direct access to every office floor.

Four Hands leased the Eastbound space to accommodate its expanding corporate workforce, which has outgrown its current offices adjacent to the company’s flagship showroom at 2090 Woodward St.

Founded in 1996, the company employs nearly 900 globally, including more than 350 people in its corporate office. The new space at Eastbound can accommodate up to 142 employees.

“After an extensive search of office space, we determined that Eastbound met all our needs,” said Four Hands Chief Operating Officer Jim Anderson. “It’s a great building that shares many of the same design aesthetics and amenities as our headquarter offices on Woodward Street.  The collaborative spaces, ease of access, and proximity to our main office will enable us to operate effectively and preserve the amazing company culture we have at Four Hands as we continue to grow.”

Eastbound was developed by Lincoln and Kor and completed in 2022. Formerly a minority investor in the 233,550-square-foot project, Fenway became the developers’ primary equity partner earlier this year, injecting new capital that enabled the group to pay off the project’s construction loan and commence a more aggressive leasing strategy that includes the spec tenant improvements.

With nearly half of the initial spec space leased months before scheduled completion early next year, the owners plan to build out more move-in ready suites. The new spec suites will range from 5,000-to-41,000 square feet and are slated to be delivered by August 2025.

Landscape architecture firm TBG and Furniture Marketing Group currently have offices at Eastbound, which is located less than 10 minutes from downtown Austin and the Austin Bergstrom International Airport. The development is also within walking distance of numerous popular East Austin restaurants and hangouts including Central Machine Works, De Nada Cantina, Jacoby’s Restaurant and Mercantile and Lustre Pearl East.

Lincoln Vice President of Leasing Trish Williams is leasing Eastbound.

About Lincoln Property Company

Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-used properties, throughout the United States, United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 562 million square feet of commercial space. In addition to providing third-party real estate services, Lincoln has completed over 164 million square feet of development since its inception in 1965 and has another $19.5 billion currently under construction or in the pipeline. For more information, visit: www.lpc.com.

About Fenway Capital Advisors

Founded in 1998, FCA is managed by principals who have over 60 years of institutional real estate investment and management experience across a variety of product types to include office, multifamily, hospitality, industrial, single tenant net lease, self-storage, and data centers throughout the United States and Europe. Primarily targeting value-add and opportunistic investments, FCA’s successful track record can be attributed to its flexible capital capabilities, creativity, and deep industry relationships to source undervalued opportunities and generate attractive risk-adjusted returns for its investors.

About The Kor Group

The KOR Group is an international real estate investment and management company with extensive holdings and development experience in commercial and residential properties. Since its inception in 1999, Kor has acquired and developed hospitality, residential, and commercial assets valued in excess of $3.0 billion. Central to KOR’s investment strategy is value creation through distinctive design and branding.  By fusing creative design with an agile investment and development discipline, KOR has amassed a portfolio of high performing assets and has built a signature brand translatable across its properties. KOR has acquired, repositioned and managed over 15 million square feet of residential, mixed use, hotel, office and retail space, including approximately 12,000 apartment/condo units. KOR has over 2.0 million square feet in the acquisition, asset management, development, or construction stage, including ground-up development, value-add repositioning, and adaptive reuse.

About Four Hands

Based in Austin, Texas, Four Hands is the leading global designer and wholesaler of trendsetting lifestyle home furnishings. Founded in 1996, the business has earned a reputation for expertly blending styles, materials, and textures from diverse corners of the world to create distinct pieces for the home. Introducing more than 2,000 styles yearly across multiple categories, customers have access to nearly 6,000 design-forward products, spanning all home furnishing categories—from living and dining room, to art and lighting, and everything in between. The company enthusiastically supports the growing needs of large retail chains, as well as independent regional stores and interior designers. Four Hands offices are located across the globe with showrooms in High Point, North Carolina; Las Vegas, Nevada; and Austin, Texas. Through their international presence, Four Hands has a finger on the pulse of how the world is shaping the way we decorate our dwellings. Four Hands has received numerous recognitions and accolades for their business acumen including being named one of Austin American-Statesman’s Austin’s Top Workplaces 5 times and ranking in the Inc. 5000 list 14 times. Four Hands has been awarded numerous recognitions within the home and design industry including Interior Design’s 2024 Spring and Fall Market Tabloids, LUXE Interiors & Design’s 2023 Red Awards, and 2023 and 2024 Pinnacle Awards, among others. www.fourhands.com