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, vacancies back in Q4 2015 overall were 9.6%. There are specific Austin office properties that have a very tight supply such as Downtown, NW Austin, Far NW Austin and South Austin vacancies have ticked lower a bit. Vacancies are moving into Q3 2018 to 10% for Class A office and 10.8% for Class B space.
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||Type of Office Space: Class||Office lease rate averages
Quoted per Qtr in arrears (Full Serv Gross)
|Overall Average||A and B||$38.50 Up|
$46.00 Way up
$44 Way up
$44 No change
$31 No change
Vacancy of Austin Office Property- Into Q4 2019
Latest Office Occupancy Levels | Vacancies are posted 1 quarter in arrears
CBD 5.8% | East 6.7% | Far Northwest 8% | North East 18% | Central 8 % | Northwest 14% | South 9% | Southwest 8.5% | Southeast 4.8%
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 #9003558
11300 Prairie Dog Trl, Austin, TX 78750
Phone: (512) 947-5896
- Austin Office Market Q3 2019October 1, 2019 - 4:45 pm
Austin Office Market Q3 2019 | Summary report Austin’s office market Q3 2019 continues to see strong demand moving into the 4th quarter of 2019. Vacancy rates have gone up approx 1% point, however it is a bit skewed due to a large company vacating their campus adding over 1M square feet of space to […]
- Seller DisclosureAugust 16, 2019 - 7:48 pm
Commercial Office Space Austin | Seller Disclosure Truths If you are selling a commercial office or office building , this primer (summary) can help with Seller disclosure and the truths around having to use one. Disclosure Truth 1 As a seller you can use TREC’s seller’s disclosure of property condition document TXR 1406 or another […]