Balcones Real Estate Group is an Austin-based real estate investment firm focused on acquiring, developing, and managing real estate throughout the Central Texas region. Balcones takes a specialist approach to real estate development and ownership with a focus on maximizing long-term performance for our investors and partners. Using its local expertise and by leveraging long-term, regional relationships, Balcones is able to position itself competitively in a variety of product types to place capital in projects with moderate leverage and conservative underwriting that can withstand the cyclical nature of the real estate industry.

By marrying the traditional relationship-based approach to real estate with a modern data-driven mindset, Balcones stands out as an innovative company which embraces change and adapts accordingly.



Combined Experience




Assets Under Management



Owned across 10 Buildings



Land Owned for Industrial Development




Aggregate Value of Completed Deals



Space Delivered

Our team

Eric Marcella

Eric has spent his entire career developing and managing commercial real estate in the Austin area. He splits time sourcing new acquisitions and managing all parts of the development process from land planning and financing to construction and asset management. He has developed over 900,000 square feet of ground up construction for a combined asset value of almost $300MM.

Eric graduated with a B.S. in Civil Engineering and a Real Estate Certificate from the McCombs School of Business at The University of Texas at Austin.

Otto Swingler

Otto has spent over a decade in the industrial development and investments business in Austin, Texas. He has completed nineteen (19) development and/or acquisition projects, totaling 700,000 square feet with a combined asset value in excess of $150MM. He has been directly involved in the acquisition of 232 acres of land for industrial development in the greater Austin market.

Prior to his career in commercial real estate, Otto attended the University of Texas at Austin where he earned a B.B.A. in Finance.

Our Partners

Our partners and references are the life blood of our business. That's why we are always striving to maintain strong relationships with our team. By working together, we can explore new and creative ways to collaborate. Let's explore how we can partner.