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/
Jul 31
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 …
Permanent link to this article: https://atxre.com/q2-2014-austin-office-market-update/
May 25
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 …
Permanent link to this article: https://atxre.com/q1-2014-austin-retail-market-report/
May 23
Quarter 1, 2014 Austin Office Market report by CBRE shows that Austin continues to boom thanks in large part to a steady rate of employment (from April of 2013 to April of 2014, 29,900 jobs were created). For Q1 2014 the office market resulted in: 244,628 square feet of positive net absorption Vacancy rate fell …
Permanent link to this article: https://atxre.com/q1-2014-austin-office-real-estate-market/
Feb 07
The vacancy rate in Austin’s Industrial market decreased to 7.8% in the fourth quarter of 2013 according to a recent report by the CoStar Group. Click here for more information. In summary the report shows: Net absorption totaled a positive 300,000 square feet in Q4. Net absorption was down from Q3 when it totaled 463,000 …
Permanent link to this article: https://atxre.com/fourth-quarter-2013-austin-industrial-market/
Jan 31
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 …
Permanent link to this article: https://atxre.com/quarter-4-2013-austin-retail-market-update/
Jan 22
CoStar’s Q4 2013 Office Market report gives us a glimpse into the rapidly improving Austin Office Market. Here are the details: Vacancy rate fell to 9.3% when compared to the previous quarter. Q4 net absorption totaled almost 500,000 SF up from the positive 300,000 SF absorbed in Q3. Rental rates average $27.94/SF/Year an increase over …
Permanent link to this article: https://atxre.com/quarter-4-2013-austin-texas-office-market-report/
Jan 15
Rental demand for apartments in Austin soared in 2013 according to a recent report by Hendricks-Berkadia Apartment Real Estate Advisors. Highlights from the report include: 6,240 apartments were absorbed in 2013 up from 3,350 units in 2012. US Hwy 183 / Cedar Park / Leander corridor and the Far South submarkets lead the way in …
Permanent link to this article: https://atxre.com/q4-2013-austin-apartment-market-update/
Oct 24
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 …
Permanent link to this article: https://atxre.com/third-quarter-2013-austin-retail-market-overview/
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/
Aug 16
NAI Reoc Austin released their second quarter Austin Office Report August 9, 2013 and the Austin office market continues to sizzle. [important]Direct vacancy continues to go down currently at 12.3% compared to 13.2% last quarter and compared to 14.7% in the second quarter of 2012.[/important] With no new office space delivered in this quarter the …
Permanent link to this article: https://atxre.com/quarter-2-2013-austin-office-market-update/
Nov 27
Newmark Grubb Knight Frank reports a .2% increase in vacancy rate (from 13.5 to 13.7%) for the first time since 2011 based upon new construction and a slowdown in lease velocity (net absorption down 14,192 SF) in 2012 .NGKF also reports average rent rates at a decade high level at $26.27/sf/year.
Permanent link to this article: https://atxre.com/third-quarter-2012-austin-office-market-report/
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/
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/
Jan 06
CRE Sales Deal Volume Returning to ‘Normal’ Levels Encouraged by Continued Improvement in General Economic Indicators, Investors Widening Their Geographic Parameters, Taking on More Risk By Mark Heschmeyer, CoStar.com January 5, 2011 If the third and fourth quarters of last year are any indication, then deal volume is returning to the commercial real estate investment …
Permanent link to this article: https://atxre.com/commercial-real-estate-sales-return-to-normal/
Oct 27
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/
Apr 19
Quarter 1, 2010 Average Asking Office Rental Rate $25.15 / SF Change from Last Quarter (Q4 09) Down <$2.49 / SF> Change from One Year (Q1 09) Down <$3.53 / SF> Average Office Vacancy Rate 22.1% Change from Last Quarter (Q4 09) Up +2.7% Change from One Year (Q1 09) Up +1.8% Office Currently Under …
Permanent link to this article: https://atxre.com/quarter-1-2010-austin-office-market-report/
Apr 17
AUSTIN COMMERCIAL REAL ESTATE MARKET REPORTS OFFICE 2010 Grubb & Ellis, Office Trends Report, Quarter 1, 2010 OFFICE 2009 Cushman & Wakefield, Quarter 4, 2009, Austin Office Market Grubb & Ellis, Office Trend Report, Quarter 3, 2009 Grubb & Ellis, Office Trend Report, Quarter 2, 2009 Cushman & Wakefield, Office Report, Quarter 1, 2009 OFFICE …
Permanent link to this article: https://atxre.com/austin-commercial-market-reports/
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| M a r k P u s t k a | |
| Commercial Broker Associate | |
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