Tag: Austin Retail

Austin Commercial Real Estate Market Update Mid Year 2014

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 …

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

Q1 2014 Austin Retail Market Report

Quarter 1, 2014 Austin Retail Market report by Transwestern shows that vacancy in the retail market continues to decrease (95% occupancy) as the quoted rental rate remains steady at an average of $15.84/SF/Year.   Significant recent Retail leases include the Aveda Institute leasing 17,339 SF at former Shepler’s at Highland Mall and La Morelia Mexican …

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Permanent link to this article: https://atxre.com/q1-2014-austin-retail-market-report/

What is Austin Creative Office Space?

Aerial Arts

Austin Creative Office Space.  In a town known for its creativity, the term “creative space” is sometimes used to describe a category of tenant lease space that those working in these innovative fields are looking for. I’ve worked with a number of these type businesses including social media consultants Ant’s Eye View, aerial artists Sky …

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Permanent link to this article: https://atxre.com/what-is-austin-creative-office-space/

Quarter 4 2013 Austin Retail Market Update

Not much change in the 4th Quarter of 2013 according to CoStar’s quarterly market report.  Click here for the article. Highlights of the report include: Vacancy dropped from 5.1% in Q3 2013 to 4.9% in Q4. Net absorption totaled 228,000 SF compared to Q3 2013 which totalled 271,000 SF Large space occupancy was led by …

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Permanent link to this article: https://atxre.com/quarter-4-2013-austin-retail-market-update/

Austin Retail New Construction News

CoStar reports that during the third quarter of 2013 that 200,00 SF of new retail construction was added to the local market.  Over the past year 744,000 SF has been built with 800,000 SF currently under construction. Notable 2013 deliveries include Mueller Market District HEB (total of 83,000 SF, 100% occupied), and 920 Old Mill …

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Permanent link to this article: https://atxre.com/austin-retail-new-construction-news/

Third Quarter, 2013 Austin Retail Market Overview

Marcus & Millichap have put together a great 3rd Quarter Market Report on the Austin retail market.  Highlights include: Vacancy is maintaining a downward trajectory (expected to be 5.6% by year end) as tenant demand remains healthy. Average asking rents by years end are expected to reach $19.21/sf/year up 1.4% from year end 2012. Construction …

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Permanent link to this article: https://atxre.com/third-quarter-2013-austin-retail-market-overview/

Transwestern’s “The 704” Rising out of the Ground on South Lamar

Under Construction

It looks as though they are preparing to pour concrete for the second floor of “The 704” the new Transwestern / Amstar Mixed Use Multifamily, Retail and Restaurant project being built around the existing Broken Spoke on South Lamar.  It’s kind of strange to see new construction going up in such close proximity to the …

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Permanent link to this article: https://atxre.com/transwesterns-the-704-rising-out-of-the-ground-on-south-lamar/

2012 Office and Retail Leasing Trends – Texas Realtor

building for lease sign

A very informative article from Texas Realtor magazine about trends in Office and Retail lease space. Squeezing more from each square foot Might your office and retail clients be looking for smaller spaces? TEXAS REALTOR®  | Sept./Oct. 2012 Several signs point to a trend of doing more with less when it comes to office and …

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Permanent link to this article: https://atxre.com/2012-office-and-retail-leasing-trends-texas-realtor/

2012 Austin Economic & Housing Outlook

Texas A&M Real Estate Center

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 …

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Permanent link to this article: https://atxre.com/2012-austin-economic-housing-outlook/

Violet Crown Shopping Center, Austin, Texas

Austin TX iconic shopping center

Showed my client, Ant’s Eye View a great office lease opportunity at Violet Crown Shopping Center.  Thad Avery bought and has renovated and updated this North Lamar jewel.  It’s got a great art deco feel to the center and a ’50’s funky vibe.  I hope to be working on a lease in the next few …

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Permanent link to this article: https://atxre.com/violet-crown-shopping-center-austin-texas/

Austin Retail Market Improves in Q4 2010

Investors snapping up shopping centers Austin Business Journal – by Francisco Vara-Orta, ABJ Staff Date: Friday, February 4, 2011, 5:00am CST Austin’s retail market is the strongest of its kind in Texas, posting occupancy rates higher than larger metro areas. Texas is already championed as the state to lead the nation out of the recession, …

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Permanent link to this article: https://atxre.com/austin-retail-market-improves-in-q4-2010/

For Sale 4910 Hwy 290 West, Austin, TX 78735, Office Site

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Austin, Texas CBRE Q3 2010 Office, Industrial, and Retail Market Reports

CB Richard Ellis 3Q 2010 Market Reports Austin, Texas Office Research 3Q 2010 Snapshot DOWNLOAD REPORT 3Q 2010 Marketview DOWNLOAD REPORT Industrial Research 3Q 2010 Snapshot DOWNLOAD REPORT 3Q 2010 Marketview DOWNLOAD REPORT Retail Research Fall 2010 Outlook DOWNLOAD REPORT

Permanent link to this article: https://atxre.com/austin-texas-cbre-q3-2010-office-industrial-and-retail-market-reports/

Austin Retail Mid Year 2010 Market Report

As of mid year 2010, Austin’s retail market had a slight increase in occupied space vs year end 2009 according to Weitzman/Cencor’s Mid Year 2010 Retail Report. This made Austin the only major Texas metro that experienced an increase in occupancy during the first 6 months of 2010.  Retail occupancy increased from 91.5% to 92%. …

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Permanent link to this article: https://atxre.com/austin-retail-mid-year-2010-market-report/

New Austin Restaurant Openings

Virginia Wood at Austin Chronicle provides us with new Austin dining choices that have recently opened. Read on to find out about these restaurants new to the Austin Real Estate Market. El Arbol (3411 Glenview, 804-4087, www.elarbolrestaurant.com), a chic, multilevel, midcentury modern spot serving authentic Argentinean cuisine, South American wines, and custom cocktails. Three new …

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New to Austin, February 2010

Take a look at this list of all things new to the Austin Real Estate Market in February. New Austin Development San Marcos considers incentives for Alamo Drafthouse (AAS, 2/15/10)  The San Marcos City Council is once again looking to bring an Alamo Drafthouse theater to the city’s beleaguered Springtown center at tomorrow night’s council …

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CBRE Capitalization Rate Survey 2009

CLICK HERE for a great Cap Rate Resource, including the Austin Commercial Real Estate Market CBRE’s 2009 Commercial Capital Markets, Cap Rate Survey for major metropolitan areas in U.S.

Permanent link to this article: https://atxre.com/cbre-capitalization-rate-survey-2009/

Real Estate For Sale – How Much Should I ask?

Do you want the good news or the bad?  What a dilemna! In the Austin Commercial Real Estate Market today, shoot straight with a client about what their property is worth and you risk not getting their business.  Provide a number that is too optimistic and run the risk of getting their business but then …

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Permanent link to this article: https://atxre.com/whats-my-commercial-property-worth/