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AUSTIN-Rising office vacancy has hit the pocketbook of building owners, with rent dipping 42 cents per sf between first quarter and Q2 closings. The average now rests at $27.15 per sf, with the CBD being hardest hit as rates plummet $4.20 per sf.
AUSTIN-Retail has lost some ground in the Austin market. The slight decrease is the first recorded since 1992 when NAI/Commercial Industrial Property started tracking retail. On a bright note, it's not predicted to plummet like the office market.
AUSTIN-Rising office vacancy has hit the pocketbook of building owners, with rent dipping 42 cents per sf between first quarter and Q2 closings. The average now rests at $27.15 per sf, with the CBD being hardest hit as rates plummet $4.20 per sf.
AUSTIN-The review has started on six proposals to steer Austin's plans for a mixed-use development of the 709-acre former Robert Mueller Municipal Airport. Developers have come from near and far to win the master developer's role.
AUSTIN-The state capital's sublease market is taking a rest, says a regular market tracker in his latest report. A 2,000-sf decline is certainly not an indication that Austin's office market, which boasts about 2.9 million sf of sublease space, has stabilized.
SAN ANTONIO-The Illinois-based Medical Evaluation Specialists is staying put in the city's medical center corridor. The firm's 3,685-sf renewal is for the 135,709-sf Crown Atrium, a five-story office-retail center in the northwest submarket.
AUSTIN-Changes abound for InfoGlide Software, which has undergone a name change, found a new high-tech partner and plans a relocation into smaller offices. InfoGlide has cut a deal to take some of Concero's excess space at Bridgepoint III.
AUSTIN-The state capital's sublease market is taking a rest, says a regular market tracker in his latest report. A 2,000-sf decline is certainly not an indication that Austin's office market, which boasts about 2.9 million sf of sublease space, has stabilized.
AUSTIN-Broadwing Communications has connected with Hotel Net Inc. in an $18-million deal to provide reservation and business services to 1,700 hotels nationwide. The Austin-based broadband provider maintains an 18,500-mile optical network.
AUSTIN-Advocates Advantage, a startup law firm consultant, has launched its office at the Schoolyard, situated along Bee Cave Road. Commercial Texas LLC and Kennedy-Wilson's Austin office have negotiated the sublease pact.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource