Tag Archive: Austin Office

Sep 19

Austin Commercial Real Estate Market Update Mid Year 2014

Q2 2014 AUSTIN COMMERCIAL REAL ESTATE OFFICE MARKET The second quarter of 2014 netted 331,000 square feet (SF) of positive net absorption.  Year to date absorption totals 529,192 SF.  Second quarter lease activity totaled 1,285,825 SF of signed leases which equates to 260 lease transactions for the second quarter, a 5% increase over the Quarter …

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Permanent link to this article: http://atxre.com/austin-commercial-real-estate-market-update-mid-year-2014/

Jul 31

Q2 2014 Austin Office Market Update

Jones Lang LaSalle’s Q2 2014 Austin Office Market Report shows Austin’s continued tightening of the Office Market with the following highlights noted. The Austin office market continues to tighten as the vacancy rate ends the quarter at 12.2 percent – 8% lower than Q2 2012. Total net absorption equaled 188,00 square feet, down 41% from …

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Permanent link to this article: http://atxre.com/q2-2014-austin-office-market-update/

May 23

Q1 2014 Austin Office Real Estate Market

Second Quarter 2016 Austin Office Market

Quarter 1, 2014 Austin Office Market report by CBRE shows that Austin continues to boom thanks in large part to a steady rate of employment (from April of 2013 to April of 2014, 29,900 jobs were created).  For Q1 2014 the office market resulted in:  244,628 square feet of positive net absorption Vacancy rate fell …

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Permanent link to this article: http://atxre.com/q1-2014-austin-office-real-estate-market/

May 09

What is Austin Creative Office Space?

Aerial Arts

Austin Creative Office Space.  In a town known for its creativity, the term “creative space” is sometimes used to describe a category of tenant lease space that those working in these innovative fields are looking for. I’ve worked with a number of these type businesses including social media consultants Ant’s Eye View, aerial artists Sky …

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Permanent link to this article: http://atxre.com/what-is-austin-creative-office-space/

Jan 22

Quarter 4, 2013, Austin, Texas Office Market Report

Downtown Skyline

CoStar’s Q4 2013 Office Market report gives us a glimpse into the rapidly improving Austin Office Market.  Here are the details: Vacancy rate fell to 9.3% when compared to the previous quarter. Q4 net absorption totaled almost 500,000 SF up from the positive 300,000 SF absorbed in Q3. Rental rates average $27.94/SF/Year an increase over …

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Permanent link to this article: http://atxre.com/quarter-4-2013-austin-texas-office-market-report/

Oct 22

3rd Quarter Austin Office Market Update

CBRE recently published their 3rd Quarter Office Market report which contains continued good news for the Austin Texas office market. The current vacancy rate stands at 12.4% which is the lowest vacancy rate in twelve (12) years. Absorption was primarily in the far Northwest submarket (Paypal, Marsh, Innovative Aftermarket Systems each took +30 KSF).  Other …

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Permanent link to this article: http://atxre.com/3rd-quarter-austin-office-market-update/

Sep 30

Austin Office Property Sales Increase Year over Year

Austin, Texas Downtown

[important]The number of office building sales doubled in the first half of 2013 compared to the first half of 2012 according to a recent article in the Austin American Statesman.[/important] Twenty office buildings sold from January to June 2013 according to Helen Jobes at Kennedy Wilson (Commercial Real Estate Investment Firm) compared to ten in …

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Aug 16

Quarter 2, 2013 Austin Office Market Update

NAI Reoc Austin released their second quarter Austin Office Report August 9, 2013 and the Austin office market continues to sizzle. [important]Direct vacancy continues to go down currently at 12.3% compared to 13.2% last quarter and compared to 14.7% in the second quarter of 2012.[/important] With no new office space delivered in this quarter the …

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Permanent link to this article: http://atxre.com/quarter-2-2013-austin-office-market-update/

Nov 13

2012 Office and Retail Leasing Trends – Texas Realtor

building for lease sign

A very informative article from Texas Realtor magazine about trends in Office and Retail lease space. Squeezing more from each square foot Might your office and retail clients be looking for smaller spaces? TEXAS REALTOR®  | Sept./Oct. 2012 Several signs point to a trend of doing more with less when it comes to office and …

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Permanent link to this article: http://atxre.com/2012-office-and-retail-leasing-trends-texas-realtor/

Oct 15

Lease Rates for CBD Class A Office Space at all Time High

glass office building

Jones Lang LaSalle’s Quarter 3, 2012 Office Insight report was recently released.  It details significant improvements to the local office market. Q 3 leasing activity was up 18.1% over Q 2 Q 3 net absorption totaled 179K SF Q 3 net absorption includes 330 K SF of negative absorption from Intel and Cirrus Logic given …

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Permanent link to this article: http://atxre.com/quarter-3-2012-austin-office-market-report/

May 30

Quarter 1, 2012 Commercial Real Estate Market Report, Austin, Texas

CUSHMAN & WAKEFIELD Marketbeat Office Snapshot, Austin, TX Quarter 1 2012 Vacancy fell in the Austin office market for the 5th consecutive quarter, dating back to Q1 2011.  Overall vacancy is currently at 15.9%.  Overall vacancy in the local market has trended downward since 2009.  Average full service lease rate totals $25.54 / sf which …

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Nov 03

Austin Office Market, Quarter 3, 2011

Logo

Grubb & Ellis, Austin Office Market, Quarter 3, 2011 notes the 9th consecutive quarter of positive net absorption.  644,000 sf was leased in the 3rd Quarter of 2011 which when added to 2011 quarters 1 and 2, adds up to 980,000 sf leased year to date.  Class A & Class B continue to lead all …

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Permanent link to this article: http://atxre.com/austin-office-market-quarter-3-2011/

Aug 12

Austin Office Market Continues Steady Improvement

Quarter 2, 2011 Austin Office Data from Office Trends Report – Second Quarter 2011 Austin, TX, Grubb & Ellis  114,976 square feet of positive absorption from Q1 to Q2 2011. Vacancy Rate declining 30 basis points from Q1 to 17.7%. 8th consecutive quarter in a recovery cycle. YTD absorption totals 415,270 square feet. 2011 is …

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Permanent link to this article: http://atxre.com/austin-office-market-continues-steady-improvement/

May 26

Austin, Texas, CBRE Quarter 1, 2011 Commercial Market Reports

OFFICE 1Q 2011 Snapshot DOWNLOAD REPORT 1Q 2011 Market View DOWNLOAD REPORT Spring 2011 Outlook DOWNLOAD REPORT INDUSTRIAL 1Q 2011 Market View DOWNLOAD REPORT Spring 2011 Outlook DOWNLOAD REPORT RETAIL Spring 2011 Outlook DOWNLOAD REPORT  

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Apr 21

2011 Marcus & Millichap Commercial Real Estate Reports

Marcus & Millichap, a National Commercial Real Estate Investment Firm provides some great information regarding the National and localized Real Estate outlook for 2011.  Particular sectors include Office, Retail, and Apartments.  See below for the links and the details. A Special Report, 2011 Real Estate Investment Outlook Investor Confidence Surges Low interest rates, improving fundamentals …

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Permanent link to this article: http://atxre.com/2011-marcus-millichap-commercial-real-estate-reports/

Nov 30

Clients in Austin Looking For …

Retail / Wholesale Seafood Market looking for Central Austin location, +/- 3,500 square feet. Multi Family Investor looking for $5-7.5 mil, A to B+ Grade, 6 Cap +, Stabilized Asset, 1Q 2011 closing, 1990 or newer construction. CLOSED 12/9/10 Office Building +/- 10,000 square feet, South of River, +/- $1 mil, good access to I-35. …

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Oct 27

Austin, Texas CBRE Q3 2010 Office, Industrial, and Retail Market Reports

CB Richard Ellis 3Q 2010 Market Reports Austin, Texas Office Research 3Q 2010 Snapshot DOWNLOAD REPORT 3Q 2010 Marketview DOWNLOAD REPORT Industrial Research 3Q 2010 Snapshot DOWNLOAD REPORT 3Q 2010 Marketview DOWNLOAD REPORT Retail Research Fall 2010 Outlook DOWNLOAD REPORT

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Aug 06

This Week in Austin Commercial Real Estate, August 1-7, 2010

Laredo Oil has moved its corporate headquarters to Austin, officials announced Wednesday.  The company attributed the move to a need to be closer to technology talent and “the heart of the oil patch.” A spokesman said the business is still searching for office space.  Laredo Oil moves headquarters to Austin 8/6/10 10:52 AM|blongoria@impactnews.com (Bobby Longoria) …

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Apr 22

Austin New Businesses and Expansions 2010

The Austin Chamber of Commerce maintains an up to date list of New Businesses that have announced their opening in Austin as well as a list of Expansions. For 2010 year to date these include: Company Type of Operation Jobs Created Location Type of Action Bazaarvoice E-commerce software (Hdq. 80 Austin Expansion Cinsay E-commerce solutions …

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Permanent link to this article: http://atxre.com/austin-new-businesses-and-expansions-2010/

Mar 11

CBRE Capitalization Rate Survey 2009

CLICK HERE for a great Cap Rate Resource, including the Austin Commercial Real Estate Market CBRE’s 2009 Commercial Capital Markets, Cap Rate Survey for major metropolitan areas in U.S.

Permanent link to this article: http://atxre.com/cbre-capitalization-rate-survey-2009/

Feb 11

Real Estate For Sale – How Much Should I ask?

Do you want the good news or the bad?  What a dilemna! In the Austin Commercial Real Estate Market today, shoot straight with a client about what their property is worth and you risk not getting their business.  Provide a number that is too optimistic and run the risk of getting their business but then …

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Permanent link to this article: http://atxre.com/whats-my-commercial-property-worth/