Tag Archive: market reports

Aug 28

Q2 2014 Austin Industrial Real Estate Market Update

For two consecutive quarters the Austin Industrial market shows negative absorption, the first time back to back quarters of negative absorption have been posted since 2009. Q2 2014 posted negative 109,469 square feet of negative absorption. Year to date 2014 absorption totals negative 293,813 square feet Vacancy has therefore risen 40 basis points quarter over …

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Permanent link to this article: http://atxre.com/2014/08/28/q2-2014-austin-industrial-real-estate-market-update/

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/2014/07/31/q2-2014-austin-office-market-update/

May 25

Q1 2014 Austin Retail Real Estate Market

Transwestern’s first quarter 2014 Retail market report shows that vacancy in the retail market continues to decrease (95% occupancy) as the quoted rental rate remains steady at an average of $15.84/SF/Year.   Significant recent Retail leases include the Aveda Institute leasing 17,339 SF at former Shepler’s at Highland Mall and La Morelia Mexican Cafe taking …

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Permanent link to this article: http://atxre.com/2014/05/25/q1-2014-austin-retail-real-estate-market/

May 23

Q1 2014 Austin Office Real Estate Market

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CBRE recently released their First Quarter Austin Office Market Report.  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 to …

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Permanent link to this article: http://atxre.com/2014/05/23/q1-2014-austin-office-real-estate-market/

Jan 31

Quarter 4 2013 Austin Retail Market Update

Not much change in the 4th Quarter of 2013 according to CoStar’s quarterly market report.  Click here for the article. Highlights of the report include: Vacancy dropped from 5.1% in Q3 2013 to 4.9% in Q4. Net absorption totaled 228,000 SF compared to Q3 2013 which totalled 271,000 SF Large space occupancy was led by …

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Permanent link to this article: http://atxre.com/2014/01/31/quarter-4-2013-austin-retail-market-update/

Jan 22

Quarter 4, 2013, Austin, Texas Office Market Report

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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/2014/01/22/quarter-4-2013-austin-texas-office-market-report/

Nov 15

Austin Texas 3rd Quarter Multifamily Update

Hendricks – Berkadia recently provided a market update for Quarter 3 2013 and is showing the following numbers. Inventory is up by 1,540 units in last 3 months. Year to date deliveries total 4,250 units, outpacing 2012′s 2,760 units. Net absorption totaled 1,690 units in quarter 3. Average asking rent increase by .9% to $1,026.

Permanent link to this article: http://atxre.com/2013/11/15/austin-texas-3rd-quarter-multifamily-update/

Oct 24

Third Quarter, 2013 Austin Retail Market Overview

Marcus & Millichap have put together a great 3rd Quarter Market Report on the Austin retail market.  Highlights include: Vacancy is maintaining a downward trajectory (expected to be 5.6% by year end) as tenant demand remains healthy. Average asking rents by years end are expected to reach $19.21/sf/year up 1.4% from year end 2012. Construction …

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Permanent link to this article: http://atxre.com/2013/10/24/third-quarter-2013-austin-retail-market-overview/

Oct 23

Quarter 3 Austin, Texas Industrial Market Improves

CBRE‘s Q3 2013 Austin, Texas Industrial Market report shows a continued uptick. The 3rd Quarter of 2013 had its lowest vacancy rate in 12 years – coming in at 10.7% (8.2% in 2001). 200,000 SF +in positive net absorption in the 3rd quarter. Warehouse space outperformed flex space, accounting for 66% of the net absorption …

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Permanent link to this article: http://atxre.com/2013/10/23/quarter-3-austin-texas-industrial-market-improves/

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/2013/10/22/3rd-quarter-austin-office-market-update/

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. With no new office space delivered in this quarter the amount of available space has tightened. NAI REOC Austin Office Report Second Quarter 2013

Permanent link to this article: http://atxre.com/2013/08/16/quarter-2-2013-austin-office-market-update/

Oct 15

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

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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/2012/10/15/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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Permanent link to this article: http://atxre.com/2012/05/30/quarter-1-2012-commercial-real-estate-market-report-austin-texas/

Aug 15

Austin MultiFamily Market Rental Rate at All Time High

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Q2, 2011 Austin MultiFamily Market Data from Industrial Trends Report – Second Quarter 2011 Austin, TX, Grubb & Ellis Absorption in the Second Quarter was 1/2 of Quarter 1 Absorption 171 New Units Added and 689 Units under construction Occupancy increased to 94.7% overall.  Class A at 94.7%, 95.9% for Class B, and 94% for …

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Permanent link to this article: http://atxre.com/2011/08/15/austin-multifamily-market-rental-rate-at-all-time-high/

Aug 15

Austin Industrial Market Continues Positive Momentum

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Q2, 2011 Austin Industrial Market Data from Industrial Trends Report – Second Quarter 2011 Austin, TX, Grubb & Ellis 208,374 square feet of net absorption from Q1 to Q2. Four consecutive quarters of demand has equated to a 1.5% reduction in overall vacancy Warehouse / Distribution vacancy down to 14.7% R&D / Flex vacancy down …

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Permanent link to this article: http://atxre.com/2011/08/15/austin-industrial-market-continues-positive-momentum/

Aug 12

Austin Office Market Continues Steady Improvement

rental rate q2 2011

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/2011/08/12/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  

Permanent link to this article: http://atxre.com/2011/05/26/austin-texas-cbre-quarter-1-2011-commercial-market-reports/

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/2011/04/21/2011-marcus-millichap-commercial-real-estate-reports/

Feb 11

Austin Retail Market Improves in Q4 2010

Investors snapping up shopping centers Austin Business Journal – by Francisco Vara-Orta, ABJ Staff Date: Friday, February 4, 2011, 5:00am CST Austin’s retail market is the strongest of its kind in Texas, posting occupancy rates higher than larger metro areas. Texas is already championed as the state to lead the nation out of the recession, …

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Permanent link to this article: http://atxre.com/2011/02/11/austin-retail-market-improves-in-q4-2010/

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

Permanent link to this article: http://atxre.com/2010/10/27/austin-texas-cbre-q3-2010-office-industrial-and-retail-market-reports/

Sep 06

Austin Retail Mid Year 2010 Market Report

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As of mid year 2010, Austin’s retail market had a slight increase in occupied space vs year end 2009 according to Weitzman/Cencor’s Mid Year 2010 Retail Report. This made Austin the only major Texas metro that experienced an increase in occupancy during the first 6 months of 2010.  Retail occupancy increased from 91.5% to 92%. …

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Permanent link to this article: http://atxre.com/2010/09/06/austin-retail-mid-year-2010-market-report/

Aug 06

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

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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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Permanent link to this article: http://atxre.com/2010/08/06/this-week-in-austin-commercial-real-estate-august-1-7-2010/

Apr 19

Quarter 1, 2010 Austin Office Market

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Quarter 1, 2010 Average Asking Office Rental Rate $25.15 / SF Change from Last Quarter (Q4 09)  Down <$2.49 / SF> Change from One Year (Q1 09) Down <$3.53 / SF> Average Office Vacancy Rate 22.1% Change from Last Quarter (Q4 09) Up +2.7% Change from One Year (Q1 09) Up +1.8% Office Currently Under …

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Permanent link to this article: http://atxre.com/2010/04/19/quarter-1-2010-austin-office-market-report/

Apr 17

Austin Commercial Market Reports

AUSTIN COMMERCIAL REAL ESTATE MARKET REPORTS OFFICE 2010 Grubb & Ellis, Office Trends Report, Quarter 1, 2010 OFFICE 2009 Cushman & Wakefield, Quarter 4, 2009, Austin Office Market Grubb & Ellis, Office Trend Report, Quarter 3, 2009 Grubb & Ellis, Office Trend Report, Quarter 2, 2009 Cushman & Wakefield, Office Report, Quarter 1, 2009 OFFICE …

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Permanent link to this article: http://atxre.com/2010/04/17/austin-commercial-market-reports/