Karl Koebel, CCIM

Managing Principal


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Doug Launius

Managing Principal


LinkedIn Profile

Our motto: "do well

by doing good."

Known as the “go-to guys” of Southeast Austin, Karl and Doug’s success is what happens when warm, southern charm unites with sophisticated business acumen.  The duo will be the first to tell you their success is unquestionably due to their focus on Southeast Austin, and the way they approach business. They are firm believers in knowing, understanding and respecting the community’s values - and treating everyone they come in contact with respect, honesty and integrity.  


In business together over 10 years, the duo have 60 years of industry experience and have transacted over $1.2 billion worth of real estate. 

Michael Modesett

Executive Administrator


LinkedIn Profile


Southeast Austin:

what we know and love.

Marketplace Real Estate Group is a full-service commercial real estate firm and considered to be an expert when it comes to Southeast Austin, Del Valle and the surrounding areas. The Austin-based firm has been helping to bring a thoughtful balance of housing, retail, office and open space to the Southeast Austin area since 2010.  Marketplace believes new development should occur in a thoughtful way that not only meets market demand, but is also respectful of the community and environment.  

Southeast Austin has been in the news a great deal lately.

Velocity - Southeast Austin - Rendering


390-acre, 7M-sq.-ft. mixed use development

Location: Southwest corner of SH 71 and SH 130

Description: Velocity (formerly called Velocity Crossing) honors the land’s legacy with a healthy, respectful version of a mixed-use development incorporating ample green space, including a 7-acre central park, to ensure nature thrives alongside our new community. It's able to accommodate 7 million square feet of mixed use space.


  • In a highly desirable Triple Freeport Zone and Opportunity Zone

  • ± 5 minutes from the Austin-Bergstrom International Airport

  • ± 9 miles to Austin’s Central Business District

  • ± 2 miles south of Tesla's Gigafactory

  • For more information, visit:  www.VelocityATX.com


310-acre industrial development or build to suit 

Location: Wraps around the southwest corner of FM 812 and Burklund Farms Rd. (12509 FM 812, 9008 Burklund Farms Rd. and 12801 FM 812, Del Valle, TX  78617)

Description: This site is ideal for automotive, research and development, distillery, brewery, industrial or commercial use in Austin's emerging southeast submarket. It is located immediately south of the Circuit of the Americas site and Austin 360 Amphitheater.  


  • In a highly-desirable Triple Freeport Zone and Opportunity Zone

  • ± 5 miles to the Austin-Bergstrom International Airport

  • ± 12 miles to Austin’s Central Business District

  • ± 8.5 miles south of Tesla's Gigafactory

  • Turnkey development tailored to the needs of the tenant

  • City of Austin ETJ: no zoning required

Industry East

67-acre industrial complex

Location: Off the northeast corner of SH 130 and Elroy Rd.

Description: This site is an ideal location for a state-of-the-art industrial complex in Austin's emerging southeast market. It will feature: 470,000 sq. ft. of light industrial, 18,700 sq. ft. of retail, 5,750 sq. ft. of fuel station/QSR as well as a self-storage facility. Click here for a brochure or here for a video


  • In a highly-desirable Triple Freeport Zone and Opportunity Zone

  • Demised tracts available for a build-to-suit

  • Easy access to SH 130 and Austin-Bergstrom International Airport

  • Near existing and upcoming developments including: Tesla’s Gigafactory, Circuit of the Americas, Austin Community College, Zoho, Capsum and Velocity

  • Permitted SER for water/wastewater and on-site detention/water quality

4.42 acres

for lease or for sale

Location: 13909 FM 812, Del Valle, TX 78617

Description: This site is ideal location for RV Park, convenience store, restaurant and/or music venue - and comes with a charming, historical farmhouse. 


  • In a highly-desirable Opportunity Zone

  • Site wraps around a new Dollar General store

  • Site is across the street to the south of the Circuit of the Americas and Austin 360 Amphitheater

  • Level, dry land with improvements​

  • Has a ± 1,200-square-foot historical building on-site

  • Utilities available; septic on-site

  • City of Austin ETJ zoning


16,200 square feet

Location: Along FM 973, just south of SH 71

Description: This 1.83-acre site offers an ideal location for a 16,200-square-foot medical/retail build to suit opportunity. 


  • In a highly desirable Opportunity Zone

  • Immediately east of Austin-Bergstrom International Airport

  • Immediately west of the Velocity development and a future H-E-B grocery store

  • ± 8 miles to Austin’s Central Business District

  • ± 2.7 miles southeast of Tesla's Gigafactory