Category: Austin Commercial Real Estate

Austin, Texas Commercial Real Estate

Valence Battery Plant Headed to Leander, 4,000 Jobs Forecasted

In big Economic Development news for the Austin area, Valence Technology a manufacturer of advanced batteries has announced plans to open a new manufacturing plant in Leander with a forecast of adding 4,000 jobs.  What does this mean for Austin Real Estate ?  Keep in mind job growth fuels new home construction which fuels the need …

Continue reading

Permanent link to this article: https://atxre.com/valence-battery-plant-headed-to-leander-4000-jobs-forecasted/

1st Quarter Austin Office Leasing

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 the first quarter, …

Continue reading

Permanent link to this article: https://atxre.com/1st-quarter-office-leasing/

1st Quarter Austin Retail Leasing

  Marcus & Millichap Real Estate Investment Brokerage Company Austin | 2009 Market Outlook  2009 Retail • 2009 NRI Rank: 10, Up 1 Place. Forecast household growth and only modest job cuts will support retail demand in Austin this year, allowing the market to move up one spot in the ranking. • Employment Forecast: Employers …

Continue reading

Permanent link to this article: https://atxre.com/1st-quarter-austin-retail-leasing/

1st Quarter Austin Industrial Leasing

Industrial Market Vacancy Rate

Industrial Market Trends Austin, Grubb & Ellis Research, First Quarter 2009 The Austin Industrial market gave back 592,379 square feet of Industrial lease space in the first quarter of 2009, marking consecutive quarters in the red and the sixth consecutive quarter with an increase in vacancy. Large spaces were vacated across a range of industries …

Continue reading

Permanent link to this article: https://atxre.com/1st-quarter-austin-industrial-leasing/

Moody's Economy.com March 2009 Report & the Austin Real Estate Market

This is consistent with other recent economic news and it’s good news despite the tenor of Mr. Friedman’s comments.  2010 is right around the corner and the steady improvement that will prelude a 2010 recovery means we should start to see improved economic news sooner (4th quarter 2009 perhaps) rather than later.  Edward Friedman,  Economy.com …

Continue reading

Permanent link to this article: https://atxre.com/moodys-economycom-march-2009-snapshot-of-austin-texas/

2008 Austin Real Estate Market in Review

Residential in Review Housing typically leads Real Estate Recovery with Commercial following. Here’s a look at the Fourth Quarter of 2008 as well as 2008 Totals to provide a glimpse at the Austin Residential Market. Residential – New Homes Residential Strategies, Wednesday, December 31, 2008 Press Release New Home Starts 4Q08 – Builders started 1,459 …

Continue reading

Permanent link to this article: https://atxre.com/2008-austin-real-estate-market-in-review/

Q1, 2009 Austin Industrial Market

AUSTIN INDUSTRIAL MARKET Industrial Market Trends Austin, Grubb & Ellis Research, First Quarter 2009 The Austin Industrial market gave back 592,379 square feet of Industrial lease space in the first quarter of 2009, marking consecutive quarters in the red and the sixth consecutive quarter with an increase in vacancy. Large spaces were vacated across a …

Continue reading

Permanent link to this article: https://atxre.com/q1-2009-austin-industrial-market/

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 …

Continue reading

Permanent link to this article: https://atxre.com/3163/