Category Archive: Austin Commercial Real Estate

Austin, Texas Commercial Real Estate

Nov 12

Austin San Antonio Corridor Future

The Austin San Antonio Corridor’s future is shown in this graphic provided by lawnstarter.com This infographic is brought to you by Lawnstarter San Antonio

Permanent link to this article: https://atxre.com/austin-san-antonio-corridor-future/

Oct 28

Commercial land for sale in Kyle, Texas – Hays Commerce Center

Commercial Land for Sale in Kyle, Texas

Commercial land for sale in Kyle, Texas Commercial land is available and for sale in Kyle Texas at the Hays Commerce Center project.  This development is set to be the next major commercial development in Kyle.  The project is planned for a variety of uses including industrial, office, and retail.  The 100 acre site is …

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Permanent link to this article: https://atxre.com/commercial-land-for-sale-in-kyle-texas/

Oct 23

Austin Office Market Quarter 3, 2015

The Austin Office Market for Quarter 3, 2015 continues to explore new heights of superlatives with the latest news regarding its performance.  Highlights include: ABSORPTION  649,339 square feet of positive net absorption for the quarter which is the highest quarterly absorption since Q4, 2012. Year to date absorption surpassed 1.5 million net square feet. If …

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Permanent link to this article: https://atxre.com/austin-office-market-quarter-3-2015/

Oct 15

Austin #2 in 2016 Real Estate Outlook

Austin is ranked second nationally for overall real estate market outlook for 2016 according to “Emerging Trends in Real Estate 2016” a recent report by the Urban Land Institute and PwC LLP. The 2016 outlook for all property types in Austin is well above average according to the report with particular favorability shown toward single-family …

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Permanent link to this article: https://atxre.com/austin-2-in-2016-real-estate-outlook/

Oct 02

South Lamar Affordable Housing – Bluebonnet Studios, Coming Soon

South Lamar Affordable Housing

South Lamar affordable housing is under construction at Bluebonnet Studios a multi family project consisting of 107 efficiency units at 2301 South Lamar.  The project is being constructed for Austin based Foundation Communities and will be dedicated to low income tenants.  SpawGlass is the contractor for the project and its anticipated to cost about $15 …

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Permanent link to this article: https://atxre.com/south-lamar-affordable-housing-bluebonnet-studios-coming-soon/

Aug 24

Austin Land Purchase Considerations

Aerial Austin Land

If you are looking for land to purchase in Austin, there are several important items to consider. I’m an Austin Real Estate Broker and am experienced in selling and helping Buyers purchase land. Austin land purchase considerations should include: What is the cost of the land? If I pay $1,000,000 for 10 acres to build …

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Permanent link to this article: https://atxre.com/austin-land-purchase-considerations/

Aug 16

Austin Real Estate Market Mid Year 2015 Update

Patrick Johnson

Presentation at Real Estate Council Austin by Dr. Mark Dotzour. Dr. Dotzour is the Chief Economist and Director of Research for the Real Estate Center at Texas A&M University in College Station, Texas. He earned his Ph.D. in the Department of Finance at the UT Austin in1987 and served as Associate Professor of Real Estate …

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Permanent link to this article: https://atxre.com/austin-real-estate-market-mid-year-2015-update/

Jul 23

Quarter 2, 2015 Austin Office Market Report

Quarter 2 2015 Austin Office Market Report was recently released by Colliers International.  The citywide average office rental rate increased by 3.7% to $29.20/SF over the previous quarter according to a quarterly update provide by Colliers International.  The average Class A rental rate decreased from $42.64/SF to $41.58/SF.  Suburban office rates increased slightly to $32.87/SF. …

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Permanent link to this article: https://atxre.com/quarter-2-2015-austin-office-market/

Jun 11

For Sale 3950 E Austin Street, Giddings, Texas, Retail

3950 E Austin Street Giddings Texas Hwy 290 View

PRICE REDUCTION RETAIL PROPERTY FOR SALE IN GIDDINGS, TEXAS Address: 3950 E Austin Street, Giddings, TX 78942 $325,000 or $29/building square foot Location: Highway 290 frontage at corner of County Road 226, Giddings, Texas.  Adjacent to Ramada Inn Hotel and in front of Giddings State School Building: 11,099 Square Feet, Vacant/Owner-User Acreage: 1.95 acres Jurisdiction: …

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Permanent link to this article: https://atxre.com/for-sale-retail-property-giddings-texas/

May 29

Austin Multifamily Market Outlook 2015

The Austin Multifamily market continues to expand due primarily to the area’s continued population growth, new business growth, and low unemployment.  Vacancy has been steady at under 5% in recent years and is expected to slightly increase in 2015 because of new product becoming available in the market.  Rental rates continue to increase with central …

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Permanent link to this article: https://atxre.com/austin-multifamily-market-outlook-2015/

May 21

Q1 2015 Austin Industrial Market Report

Another Building Exterior

Citywide average rental rates continue their steady rise in the Austin Industrial Market at the end of the first quarter of 2015.  Since the first quarter of 2014 average rental rates have increased by 4.5% quarter to quarter up to $8.35/SF NNN and are up 21% on a year to year basis from $6.90/SF NNN. …

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Permanent link to this article: https://atxre.com/q1-2015-austin-industrial-market-report/

May 01

2015 Austin Commercial Real Estate Market attractive for Investors

Austin ranks as the sixth (6th) most desired office and investment acquisition location for domestic investors in 2015, up two spots from 2014.  The only other Texas city that made the top 10 list was Dallas (Houston fell out of the top ten list likely because of energy market concerns).  The cities ahead of Austin …

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Permanent link to this article: https://atxre.com/2015-austin-commercial-real-estate-market-attractive-for-investors/

Apr 17

Q1 2015 Austin Class A Office Market Report

Oxford Commercial’s recent first quarter of 2015 Austin Office Market update demonstrates the strength of the local office market with occupancy rates and average rents up compared to Q1 2014.  Occupancy is up to 91% from 90% a year ago and Class A rental rates are now at $35.60/SF compared to $32.70 a year ago. …

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Permanent link to this article: https://atxre.com/q1-2015-austin-class-a-office-market-report/

Mar 26

4th Quarter 2014 Austin Industrial Market Update

CBRE Quarterly Market Reports for the fourth quarter of 2014 contains the following highlights. 1. Asking rates remain flat.  Overall Industrial asking rates average out to $.70/SF/Month with Warehouse averaging $.52/SF/Month and Flex Space averaging $.90/SF/Month (down $.02 from prior quarter). The Southwest and Northwest Flex submarkets did show an uptick in the asking rate.  …

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Permanent link to this article: https://atxre.com/4th-quarter-2014-austin-industrial-market-update/

Mar 26

Austin Commercial Land Purchase Critical Items

When purchasing Austin Commercial Land it is critical that certain items are provided to the Buyer to provide necessary information for their consideration.  When a Client tasks you to go out and find them property to locate their business there is certain information that any knowledgeable buyer will ask for.  Agents that don’t understand the …

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Permanent link to this article: https://atxre.com/austin-commercial-land-purchase-critical-items/

Jan 08

2015 Austin Real Estate Forecast

Below are a handful of 2015 Austin Real Estate Forecast Articles that are packed with good information for those looking to get educated on how this hot market projects in 2015. Improving Fundamentals and Robust Investor Appetite Fuels Sustained Performance of U.S. Commercial Real Estate Industry, According to PwC US and Urban Land Institute’s Emerging …

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Permanent link to this article: https://atxre.com/2015-austin-real-estate-forecast/

Dec 18

South Buda Business Park lot Sold to ADB Investments

Buda, TX Industrial Park

A South Buda Business Park Lot was recently sold to ADB Investments.  With the purchase of this second parcel, 9.14 acres total has been purchased by ADB Investments from my client, CX Properties in Buda, Texas.  Lot 9 along with Lot 10 has 535 feet of frontage on FM 967 (South Loop 4) and 695 …

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Permanent link to this article: https://atxre.com/south-buda-business-park-lot-sold-to-adb-investments/

Dec 12

Austin Commercial Real Estate Cap Rate Survey Mid Year 2014

For Sale

Austin Commercial Real Estate cap rate survey as of the mid year 2014 was recently made available by CBRE.  Click here for report. For those not familiar with cap or capitalization rate it is a way to measure the rate of return on real estate investment property based upon projected income.  This is calculated by …

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Permanent link to this article: https://atxre.com/austin-commercial-real-estate-cap-rate-survey-mid-year-2014/

Nov 24

Austin Commercial Real Estate Search for Warehouse Lease

Austin Commercial Real Estate Search for Warehouse lease space for an Austin area Industrial Client looking in the northwest Austin are from US Highway 183 and Burnet Road up to and including Leander, Texas. LEASE NEEDED Who: Industrial Lease Client Need: +/- 10,000 Square Feet Location: Hwy 183 and Burnet Road to the Northwest up …

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Permanent link to this article: https://atxre.com/austin-commercial-real-estate-search-warehouse-lease/

Nov 14

Fall 2014 Austin Commercial Real Estate Market Trends

Dr. Mark Dotzour, Chief Economist at Texas A&M University in College Station, Texas shares the following observations about Commercial Real Estate Market Trends from his recent experience in participating at multiple national conventions.  Most if not all of these trends can be found in the local Austin Texas Commercial Real Estate Market. Foreign investment is …

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Permanent link to this article: https://atxre.com/fall-2014-austin-commercial-real-estate-market-trends/

Nov 05

Austin Real Estate Search for Hotel Site

Austin Real Estate Search for Hotel Site Commercial Real Estate Broker searching for Hotel Site for new Hotel Franchisee in North Austin. Client: Hotel Franchisee Looking For New Austin Site Location: Focus is on Interstate 35 and Parmer Ln but would consider other North Austin Texas I-35 locations.  Tech Ridge area is preferred. Need: +/- …

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Permanent link to this article: https://atxre.com/austin-real-estate-site-search-for-hotel-site/

Nov 03

Lacrosse Sporting Goods Store New Austin Location

LAX

LACROSSE SPORTING GOODS STORE NEW AUSTIN LOCATION SEARCH Who: Lacrosse Sporting Goods Store Detail: Specialty Sporting Goods – Lacrosse Equipment Currently two locations in two separate Midwest Markets Need: +/- 3,000 SF Location: Loop 1 (Mopac) / Hwy 183 area Budget: +/- $24/sf/year When: ASAP

Permanent link to this article: https://atxre.com/lacrosse-sporting-goods-store-new-austin-location/

Oct 24

Quarter 3, 2014 Austin Office Market Report

For the 3rd quarter 2014, the Austin office market vacancy rate dropped to 8.6%. Net absorption totaled 760,000 SF, up from 373,000 SF of absorption in the 2nd quarter of 2014.  Rental rates ended the quarter at $28.93/SF/year average price which is an increase over the previous quarter’s average.  Six new buildings were delivered to …

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Permanent link to this article: https://atxre.com/quarter-3-2014-austin-office-market-report/

Oct 15

South Buda Business Park Lot Sold to ADB Investments

Business Park Drive, Buda, TX

[important]Austin Commercial Real Estate Site Sold!  ADB Investments, LLC purchased 4.4 acres recently from my client, CX Properties in Buda, Texas.  Lot 10, Block A has 535 feet of frontage on FM 967 (South Loop 4).  It is our understanding that the Purchaser will open and operate a large mining equipment refurbishment and sales business.  …

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Permanent link to this article: https://atxre.com/south-buda-business-park-site-sold-and-closed/

Oct 10

3Q 2014, Austin Industrial Market

The Austin Commercial Real Estate industrial market was relatively quiet in the 3rd Quarter of 2014, registering 14,704 square feet of absorption. Year to date absorption remains at a negative 71,663 square feet. The 3rd quarter numbers were an improvement over the 2nd quarter negative 168,774 square feet of absorption. Vacancy totals 10.8%, an improvement …

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Permanent link to this article: https://atxre.com/3q-2014-austin-industrial-market/

Sep 11

Quarter 2 2014 Austin Office Construction Update

Quarter 2 2014 Austin Commercial Real Estate Market New Office Construction update by Colliers International recently came out.  The following tidbits regarding new office construction were noted: As of the second quarter of 2014 Austin had more than 2.4 million square feet of office space under construction. Seven new buildings totaling 199,286 square feet were …

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Permanent link to this article: https://atxre.com/quarter-2-2014-austin-office-construction-update/

Sep 03

Austin Site Search for Concrete Contractor

Concrete Sidewalk Pour

Austin Site Search for Concrete Contractor PROPERTY FOUND AND UNDER CONTRACT Client:  Concrete Subcontractor Need:  Five (5) to ten (10) acres with stabilized base, concrete or asphalt pavement.  Building square footage for offices and some storage.  Will consider raw land purchase and then constructing improvements. Utilities:  Need water and electricity at minimum.  Gravity waste water …

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Permanent link to this article: https://atxre.com/austin-site-search-for-concrete-contractor/

Aug 28

Austin Commercial Real Estate Market Industrial Update Q2 2014

For two consecutive quarters the Austin Industrial market shows negative absorption, the first time back to back quarters of negative absorption have been posted since 2009. Q2 2014 posted negative 109,469 square feet of negative absorption. Year to date 2014 absorption totals negative 293,813 square feet Vacancy has therefore risen 40 basis points quarter over …

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Permanent link to this article: https://atxre.com/austin-commercial-real-estate-market-industrial-update-q2-2014/

Aug 24

South Buda Business Park Site Under Contract with Mining Equipment Co

Under Contract

South Buda Business Park Site Under Contract with Mining Equipment Co totaling 9.14 Acres.  The buyer purchases, refurbishes and sells mining equipment. The business is currently located out of state but their plans are to relocate and construct a new location in Buda, Texas to headquarters this company. Design and construction is expected to start …

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Permanent link to this article: https://atxre.com/9-14-acres-of-south-buda-business-park-under-contract/

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: https://atxre.com/q2-2014-austin-office-market-update/

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