How do you know a commercial real estate broker can perform and provide you great service? Service is action, not words, wouldn’t you agree? Check this page out if you want to have a birds-eye view of what is going on with lease rates for office space in Austin. By tracking Austin, TX office lease rates , we can provide our Clients with real time accurate information. The next step? Team up with Shire Commercial to provide You the necessary actions it takes to find a a commercial property for lease or sale so that you can save a lot of time and hassle running around needlessly. Contact us today.
Research Austin, TX Office Lease Rates Below
You can check more detailed vacancy rates below. As a comparison, vacancy into Q4 2015 overall went down 1% point to 9.6%. There are specific Austin office properties that have a very tight supply such as Downtown, Northwest, North Central, East and Southwest office space that are at or below 10% moving into Q3 2017.
On this page you will get a market snapshot of the quarterly Austin, TX office lease rates. The data is accurate within a 90 day period, data is provided in arrears , lease rates do not change by a large percentage over one quarter., however these are “active lease rates” that we track. Where are these offices located? That is where a broker with knowledge and experience brings value to You as the Client! Call us so we can help you find and negotiate an office lease or purchase.
|Office Sub-Market||Class of Space||Office lease rate averages
Quoted per year without expenses Q3 2017
|Overall Average||A and B||$40.00 -Up
Vacancy of Austin Office Property- As of Q3 2017
Moving into the 4th Quarter of 2017, office vacancy rate index below.
CBD 7.6% | East 9.7% | Far Northwest 5.7% | North East 10.7% |North central 7 % | Northwest 9 % | South 15% | Southwest 10%
Take advantage of great Austin office leasing services now.
Contact us today for more information and a no obligation analysis of what the office leasing possibilities are for your business.
How to calculate your monthly rent? Use the following formula:
Square footage per yr divide by 12 X the square footage of the office.
Example: $12.00 per SF per Yr /12 = $1.00 X 1,000 SF (office) = $1,000 per month for your rent.
License Number #0524917
11300 Prairie Dog Trl, Austin, TX 78750
Phone: (512) 947-5896
- Austin Commercial BuildingsNovember 13, 2017 - 4:51 pm
Austin Commercial Buildings Summary of Austin’s commercial buildings and activity for 2017 (portions obtained from Co-Star ) Austin is going thru expansions for commercial buildings especially in the Downtown area. Austin’s downtown commercial building leasing rates are up +30% compared with per-recession lows. Vacancies remain low as well with only approx 25,000SF of space avail […]
- Austin Commercial LeasingOctober 5, 2017 - 9:17 pm
Austin Commercial Leasing This is a summary of Austin’s commercial leasing market for office space moving into the 3rd Quarter of 2017. Continuing occupancy has been the theme for some time now in Austin. The current vacancy rates are now at a 16 year low. Tenant demand remained strong for the 3rd quarter with approx […]