Retail development is booming in Austin metro area with 1.28 million square feet of new space under construction in the area. 890,000 of the total is located outside the city in the suburbs. Occupancy remains steady at 96% although the average asking rate has dropped to $20.50/square foot.
Click here for more detail => Growth in Store for Austin Retail Market
Commercial Broker Associate
McAllister & Associates
Real Estate Services
O: 512.486.3737
C: 512.970.8359
