October 26, 2023 — The Austin Business Journal (ABJ) published its 2023 Fast 50 Rankings and ARCO/Murray Austin rose to the top. The winners are ranked by their compounded growth rate in revenue during 2020, 2021, and 2022. ARCO/Murray Austin came in at #1 with a 669% compounded annual growth rate (AGR). To be nominated, the company must be headquartered in Austin and post an annual revenue of $500,000 in 2020.

The Austin team had a great night out accepting their award and celebrating their accomplishments at the JW Marriott Austin. ARCO/Murray Austin Principal, Paul Wagner, brought the whole team on stage to accept the award and say a few words about their growth.

What Fuels the Austin Office’s Growth?

ARCO/Murray Austin’s rapid growth can be attributed to the successful delivery of key projects in Central Texas. The team continues to succeed in building different product types including industrial, office, multifamily, entertainment, and more.

Addison Business Park
Balcones Real Estate Group
Move-In-Ready Industrial Warehouse Suites
Bldg A: 61,200 SF, Bldg B: 67,250 SF

Portman Industrial Longhorn Junction
Portman Industrial
Speculative Industrial Warehouse | 449,642 SF

Solar Shingle Manufacturer Tenant Improvement
GAF Energy
Industrial Manufacturing Tenant Buildout in ARCO Built Speculative Space (Portman Industrial)

Electric Shuffle Austin
Electric Shuffle
High-Tech Shuffleboard Entertainment Concept
More on this project

305 E. Huntland Drive
Expansive
Co-Working Office Tenant Improvement
20,000 SF

ATX Specialty Foods Tenant Improvement
ATX Specialty Foods
Food Processing Tenant Improvement
51,200 SF

How Does This Level of Growth Continue?

The key to growth for ARCO/Murray Austin is the people. The office continues to find incredible talent both in the office and in the field. Recruiting associates who are open to challenging opportunities and diligent in their development makes for a very high-performing team. Outside of executing for current and potential clients, this level of growth continues by providing a work environment that is both enjoyable and collaborative.

“I’m extremely proud of the culture we’ve created here in Austin,” expresses Paul Wagner, Principal at ARCO/Murray. “Our people are extremely talented and work their tails off to execute for our clients. We know the job has a lot of responsibility and we strive to make the process as rewarding and enjoyable as possible.”

The Austin Business Journal has a digital showcase that dives into the stellar workplace culture that ARCO/Murray Austin provides. To learn more about this award and process, please read the ABJ Fast 50 Article.