Category: Austin Commercial Real Estate

Austin, Texas Commercial Real Estate

First Quarter 2009 Austin Office Market

AUSTIN OFFICE MARKET Office Market Trends Austin Grubb & Ellis Research First Quarter 2009 After three (3) consecutive quarters of positive net absorption, the Austin office leasing market went in the red for quarter 1 of 2009 giving back 158,281 square feet.  Rental rates declined and vacancy rates went up.  Overall vacancy rose to 20% for …

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