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As the Austin office space for lease market continues to change, it is important to stay up to date on the current market trends.
The Austin office space market is one of the most dynamic and rapidly changing office markets in the nation. Austin, Texas has been going through a growth spurt and approximately 150 people are moving to the Greater Austin Area every day!
It seems the secret is out that Austin is the place to be for personal enjoyment and business success alike. With the tech sector leading the way, Austin has been one of America’s fastest growing cities for the past two decades. Several new projects are in development, housings sales are hitting record amounts and commercial lease rates are at an all-time high. With the rapidly shifting market, it has never been more important to have proper representation when seeking Austin office space for lease or purchase.
The Austin office space market currently consists of over 600 multi-tenant office buildings containing more than 42 million square feet of office space. Approximately 3 million square feet of new Austin office space will be delivered and available for occupancy by the end of 2015. The Austin office space market is segmented into submarkets, CLICK HERE to view the itemized list of them.
For more information on current office space availabilities or the Tenant Representation Services that can help you navigate the Austin office market, simply contact us by phone or email. If you are trying to find Austin office space for lease, please fill out the “Free Commercial Space Survey” to get a customized list of the Austin office space that best fit your needs.