Austin Retail Slowly Showing Signs of Stabilizing in Q4 2020

Austin Real Estate Fundamentals
Austin Retail Continues its Slide
  • Absorption in retail continued its slide registering a negative 162,000 SF in the fourth quarter of 2020.
  • Occupancy remains steady at 95%.
  • Average asking rent increased from $20.25 to $20.50/SF quarter over quarter.
  • Projects under construction increased by 100,000 SF + in Q4 with some 161,000 SF of new construction coming online in Q3 of 2020.

CBRE Research, Q4 2020.

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