Jan 08
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 …
Permanent link to this article: https://atxre.com/2015-austin-real-estate-forecast/
Sep 19
Q2 2014 AUSTIN COMMERCIAL REAL ESTATE OFFICE MARKET The second quarter of 2014 netted 331,000 square feet (SF) of positive net absorption. Year to date absorption totals 529,192 SF. Second quarter lease activity totaled 1,285,825 SF of signed leases which equates to 260 lease transactions for the second quarter, a 5% increase over the Quarter …
Permanent link to this article: https://atxre.com/austin-commercial-real-estate-market-update-mid-year-2014/
Apr 17
My office just received notification from the City of Austin that a site plan has been submitted for the construction of an In N Out Burger at 3701 South Lamar – where there is currently a Wendy’s located. These types of notifications go out when your business is located within such and so many feet …
Permanent link to this article: https://atxre.com/coming-soon-to-south-austin-in-n-out-burger-3701-south-lamar/
Dec 20
I recently sold 6 acres in Buda at the South Buda Business Park to Fat Quarter Shop. The property is located at 2899 Business Park Drive in Buda, Texas. Fat Quarter Shop is an online seller of quilting fabrics. Their plans have not been finalized but they will be expanding their footprint by building a …
Permanent link to this article: https://atxre.com/sold-6-acres-in-buda-tx-to-fat-quarter-shop/
Nov 15
Hendricks – Berkadia recently provided a market update for Quarter 3 2013 and is showing the following numbers. Inventory is up by 1,540 units in last 3 months. Year to date deliveries total 4,250 units, outpacing 2012’s 2,760 units. Net absorption totaled 1,690 units in quarter 3. Average asking rent increase by .9% to $1,026.
Permanent link to this article: https://atxre.com/austin-texas-3rd-quarter-multifamily-update/
Nov 11
ULI recently published its annual Emerging Trends in Real Estate 2014 Report and Austin is featured prominently in its forecast. Under its Markets to Watch heading, Austin ranked seventh dropping three spots from 2013. The report notes a move by investors from core places like New York and Washington DC to more tech and energy …
Permanent link to this article: https://atxre.com/urban-land-institute-uli-2014-emerging-trends-forecast-austin-texas/
Nov 01
This title refers to a question I am commonly asked. Can I operate a Business out of my Home? Or can I buy a home and operate my business out of a home I purchase? Danny Brewer with the City of Austin Small Business Development Program answers with the following two links of information to …
Permanent link to this article: https://atxre.com/can-i-operate-a-business-out-of-my-home-in-austin-texas/
Oct 22
CBRE recently published their 3rd Quarter Office Market report which contains continued good news for the Austin Texas office market. The current vacancy rate stands at 12.4% which is the lowest vacancy rate in twelve (12) years. Absorption was primarily in the far Northwest submarket (Paypal, Marsh, Innovative Aftermarket Systems each took +30 KSF). Other …
Permanent link to this article: https://atxre.com/3rd-quarter-austin-office-market-update/
Sep 30
[important]The number of office building sales doubled in the first half of 2013 compared to the first half of 2012 according to a recent article in the Austin American Statesman.[/important] Twenty office buildings sold from January to June 2013 according to Helen Jobes at Kennedy Wilson (Commercial Real Estate Investment Firm) compared to ten in …
Permanent link to this article: https://atxre.com/austin-office-property-sales-increase-year-over-year/
Sep 26
After a one month drop from the top spot in the Business Journals “On Numbers Economic Index” Austin has returned to first on the list. Austin had been the national leader from February through June until Provo, Utah moved ahead in July. The Business Journal’s On Numbers Economic Index attempts to distinguish the best economy …
Permanent link to this article: https://atxre.com/austin-tx-the-leader-in-national-economic-rankings-again/
Dec 01
Client Need – Equipment Rental Warehouse w/ Showroom, Offices & Fenced In Yard +/- 7,500 SF Approximately 3 offices, 1 conference room, 1 break room. Open warehouse area for remainder of building with 2 overhead door bays, and prefer at least 1 dock for unloading. Heating preferred in warehouse area. +/- 1 Acre with …
Permanent link to this article: https://atxre.com/equipment-rental-contractor-client-looking-for/
Oct 08
[important]My Client, Dynamic Manufacturing Solutions a Manufacturing & Engineering firm specializing in the assembly and testing of Electromechanical Assemblies recently signed a three year lease extension at 600 Center Ridge Dr., Austin, TX 78753.[/important] We were able to successfully minimize the impact of a rent increase by reaching agreement with the Landlord to graduate the …
Permanent link to this article: https://atxre.com/client-signs-3-year-lease-extension/
Jul 29
Great Article in the Austin Statesman, Hidden Neighborhood: Briarcliff provides affordable, quiet lake living about the neighborhood across from one of my property listings on Pace Bend Rd. Here’s a blurb from the article by Michele Chan Santos, The residents of Briarcliff enjoy a relaxed quality of life next to Lake Travis. Briarcliff is governed …
Permanent link to this article: https://atxre.com/briarcliff-hidden-neighborhood-at-lake-travis-near-my-pace-bend-rd-listing/
May 30
CUSHMAN & WAKEFIELD Marketbeat Office Snapshot, Austin, TX Quarter 1 2012 Vacancy fell in the Austin office market for the 5th consecutive quarter, dating back to Q1 2011. Overall vacancy is currently at 15.9%. Overall vacancy in the local market has trended downward since 2009. Average full service lease rate totals $25.54 / sf which …
Permanent link to this article: https://atxre.com/quarter-1-2012-commercial-real-estate-market-report-austin-texas/
Jan 17
Austin, Texas moved down 2 slots on the Milken Institute’s list of 2011 Best Performing Cities compared to its 2010 ranking. During the 5 year period ending in 2010, Austin had the 3rd fast job growth in the country. Austin is the largest metro area in the U.S. that has exceeded its pre recession era …
Permanent link to this article: https://atxre.com/austin-4-on-milken-institutes-list-of-2011s-best-performing-cities/
Jan 09
Dr. Jim Gaines, Research Economist at the Texas A&M Real Estate Center, provided the following outlook for the 2012 Austin Economy and Housing market at the Austin Board of Realtors on October 26, 2011. In a nutshell, “U.S. housing market will remain steady with no major movement and Texas & Austin Local housing markets should …
Permanent link to this article: https://atxre.com/2012-austin-economic-housing-outlook/
Dec 19
Great article in the Austin American Statesman about Southwest Water and their business practices based upon an exemption they received from the State of Texas in 2004 which allows them to bypass state law and consolidate various water companies under one entity with a single tariff. Read on for more information and get involved if …
Permanent link to this article: https://atxre.com/southwest-waters-high-water-rates-are-difficult-for-consumers-to-fight/
Nov 03
Grubb & Ellis, Austin Office Market, Quarter 3, 2011 notes the 9th consecutive quarter of positive net absorption. 644,000 sf was leased in the 3rd Quarter of 2011 which when added to 2011 quarters 1 and 2, adds up to 980,000 sf leased year to date. Class A & Class B continue to lead all …
Permanent link to this article: https://atxre.com/austin-office-market-quarter-3-2011/
Nov 03
Grubb & Ellis’ 3rd Quarter 2011 Industrial Market Report reveals some interesting trends. Since vacancy peaked in the Second Quarter of 2010 @ +17%, the market has consistently reduced its vacancy rate to the 13.1% it currently totals. That’s 5 consecutive quarters with positive net absorption. This past quarter showed office absorption that totaled …
Permanent link to this article: https://atxre.com/austin-industrial-market-report-quarter-3-2011/
Oct 28
Closing today. 7312 Running Rope lot in Northwest Hills bought by my Client, David Weekley Homes for one of their Urban Home projects. DWH tells me that they’ve already got the home under contract!
Permanent link to this article: https://atxre.com/my-client-david-weekley-homes-purchasing-a-lot-in-northwest-hills/
Aug 15
Q2, 2011 Austin MultiFamily Market Data from Industrial Trends Report – Second Quarter 2011 Austin, TX, Grubb & Ellis Absorption in the Second Quarter was 1/2 of Quarter 1 Absorption 171 New Units Added and 689 Units under construction Occupancy increased to 94.7% overall. Class A at 94.7%, 95.9% for Class B, and 94% for …
Permanent link to this article: https://atxre.com/austin-multifamily-market-rental-rate-at-all-time-high/
Aug 15
Q2, 2011 Austin Industrial Market Data from Industrial Trends Report – Second Quarter 2011 Austin, TX, Grubb & Ellis 208,374 square feet of net absorption from Q1 to Q2. Four consecutive quarters of demand has equated to a 1.5% reduction in overall vacancy Warehouse / Distribution vacancy down to 14.7% R&D / Flex vacancy down …
Permanent link to this article: https://atxre.com/austin-industrial-market-continues-positive-momentum/
Aug 12
Quarter 2, 2011 Austin Office Data from Office Trends Report – Second Quarter 2011 Austin, TX, Grubb & Ellis 114,976 square feet of positive absorption from Q1 to Q2 2011. Vacancy Rate declining 30 basis points from Q1 to 17.7%. 8th consecutive quarter in a recovery cycle. YTD absorption totals 415,270 square feet. 2011 is …
Permanent link to this article: https://atxre.com/austin-office-market-continues-steady-improvement/
Permanent link to this article: https://atxre.com/austin-texas-cbre-quarter-1-2011-commercial-market-reports/
Apr 21
Marcus & Millichap, a National Commercial Real Estate Investment Firm provides some great information regarding the National and localized Real Estate outlook for 2011. Particular sectors include Office, Retail, and Apartments. See below for the links and the details. A Special Report, 2011 Real Estate Investment Outlook Investor Confidence Surges Low interest rates, improving fundamentals …
Permanent link to this article: https://atxre.com/2011-marcus-millichap-commercial-real-estate-reports/
Feb 23
Apartment Realty Advisors (ARA) of Austin, does a great job of putting together market survey reports. Here’s an excerpt from the report and you can click below to read the entire document. Austin is weathering the economic downturn better than most major metros. Thanks to a strong government presence, a buoyant technology field, and an …
Permanent link to this article: https://atxre.com/austin-apartment-market-report-2010/
Dec 14
1031 Tax Deferred Exchange in Austin as well as anywhere else in U.S. A 1031 Tax-Deferred Exchange is a transaction that allows property owners to preserve the full value of their investment property. A 1031 Exchange allows owners who decide to dispose of their investment properties, to do so and avoid having to pay capital …
Permanent link to this article: https://atxre.com/1031exchange/
Nov 30
Retail / Wholesale Seafood Market looking for Central Austin location, +/- 3,500 square feet. Multi Family Investor looking for $5-7.5 mil, A to B+ Grade, 6 Cap +, Stabilized Asset, 1Q 2011 closing, 1990 or newer construction. CLOSED 12/9/10 Office Building +/- 10,000 square feet, South of River, +/- $1 mil, good access to I-35. …
Permanent link to this article: https://atxre.com/clients-looking-in-austin-for/
Permanent link to this article: https://atxre.com/austin-texas-cbre-q3-2010-office-industrial-and-retail-market-reports/
Oct 11
Bob Roberts, Senior VP of Gracy Title, Austin, TX shared the following information from the U.S. Census. “Last week brought the release of 2009 estimates (before the release of the actual Decennial Census) from the U.S. Census Bureau’s American Community Survey (ACS). Here’s a sampling of findings from the 2009 ACS for the 5-county Austin …
Permanent link to this article: https://atxre.com/austin-census-data-2009-estimate-education-population-income-and-real-estate/
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| Commercial Broker Associate McAllister & Associates Real Estate Services O: 512.486.3737 C: 512.970.8359 mark@matexas.com 3901 South Lamar, Ste 100 Austin, Texas 78704 Information about Brokerage Services |
