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AUSTIN-Building owners are getting the drift about today's office market, bringing rent down an average $1per sf to $26.15 per sf citywide. Overall vacancy is at its highest, 16.1%, in nine years in the state capital, says Colliers Oxford Commercial
SAN ANTONIO-Spec, a 30-store building materials supplier, takes possession of a 44,000-sf warehouse in the northwest submarket. The former beer distribution center became surplus property as a result of a merger.
AUSTIN-Jon Andrus, a 10-year veteran of the retail sector, has joined Trammell Crow's Austin retail team as a senior vice president. That's one down and another to go in filling slots vacated by leading brokers Charlie Northington and Kelly Shaw.
AUSTIN-A University of Texas committee gives its blessing to an $83.5-million design for the Blanton Museum of Art. A one-building project is now two and the cost is $25 million higher. The board of regents decide in November if the design's a go.
AUSTIN-The city's highest sublease corridor, the northwest submarket, pulls 12,465 sf from its docket with the signing of Austin-based Bluecurrent. The information technology manager had offices in the state capital's CBD.
AUSTIN-Schlotzsky's cuts the ribbon on its 30th company-owned store, selecting Northcross Mall for its newest location. The 3,200-sf, freestanding eatery makes four for the state capital in the 700-store chain spanning 32 states.
AUSTIN-Southwestern Bell is pushing dirt to double the size of its central switching office. The project is coming out of the ground on a 3.28-acre tract along Bee Caves Road on land of several failed restaurants.
AUSTIN-Area companies are content to "wait and see" what happens with the economy before locking into lease changes. The mindset is driving month-to-month deals, signing incentives and lower rent.
AUSTIN-The US unit of Hong Kong-based ASAT Holdings launches a 4,000-sf chip testing center in the 202,500-sf Barton Creek Plaza in Austin's south submarket. The division gets to neighbor with one of its primary clients in the region.
AUSTIN-A new report is singing the blues over the impact of rising commercial and residential rent on Austin's music industry. The industry pumps about $616 million into the economy and generates $11 million in city taxes. Creativity is at stake, says the report.
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