Tag Archive: vacancy

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 24

Q1 2014 Austin Industrial Market Report

The latest Industrial market report from CBRE for Austin continues the trend of the last few years of negative absorption in the first quarter of the year. Negative absorption of 184,344 SF in the first quarter was the weakest since 2010 Citywide vacancy is now at 11.2% Flex space outperformed warehouse product posting 141,000 SF …

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Permanent link to this article: http://atxre.com/2014/05/24/q1-2014-austin-industrial-market-report/

Feb 07

Fourth Quarter 2013 Austin Industrial Market

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The vacancy rate in Austin’s Industrial market decreased to 7.8% in the fourth quarter of 2013 according to a recent report by the CoStar Group.  Click here for more information. In summary the report shows: Net absorption totaled a positive 300,000 square feet in Q4. Net absorption was down from Q3 when it totaled 463,000 …

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Permanent link to this article: http://atxre.com/2014/02/07/fourth-quarter-2013-austin-industrial-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/

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 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/

Nov 27

Third Quarter 2012 Austin Office Market Report by Newmark Grubb Knight Frank

Newmark Grubb Knight Frank reports a .2% increase in vacancy rate (from 13.5 to 13.7%) for the first time since 2011 based upon new construction and a slowdown in lease velocity (net absorption down 14,192 SF) in 2012 .NGKF also reports average rent rates at a decade high level at $26.27/sf/year.

Permanent link to this article: http://atxre.com/2012/11/27/third-quarter-2012-austin-office-market-report/

Nov 03

Austin Office Market, Quarter 3, 2011

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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/2011/11/03/austin-office-market-quarter-3-2011/

Nov 03

Austin Industrial Market Report Quarter 3, 2011

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Grubb & Ellis’ 3rd Quarter 2011 Industrial Market Report reveals some interesting trends.  Since vacancy peaked in the Second Quarter of 2010 @ +17%, the market has consistently reduced its vacancy rate to the 13.1% it currently totals.  That’s 5 consecutive quarters with positive net absorption.    This past quarter showed office absorption that totaled …

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Permanent link to this article: http://atxre.com/2011/11/03/austin-industrial-market-report-quarter-3-2011/

Jan 06

Commercial Real Estate Sales Return to Normal

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CRE Sales Deal Volume Returning to ‘Normal’ Levels Encouraged by Continued Improvement in General Economic Indicators, Investors Widening Their Geographic Parameters, Taking on More Risk By Mark Heschmeyer, CoStar.com January 5, 2011 If the third and fourth quarters of last year are any indication, then deal volume is returning to the commercial real estate investment …

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Permanent link to this article: http://atxre.com/2011/01/06/commercial-real-estate-sales-return-to-normal/

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/

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/

Mar 23

Monthly Austin Economic Indicators

The Austin Chamber of Commerce provides a monthly look at the Austin Economy and the Indicators that show information including: Employment, consumer price indexes, sales taxes, airport travel, patent activity, venture capital, building permits, home sales, listings, home pricing, office and industrial occupancy and lease rates. April 2010 Austin Economic Market Report March 2010 Austin …

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Permanent link to this article: http://atxre.com/2010/03/23/monthly-austin-economic-indicators/