{{titleBar.title}}

{{titleBar.tagline}}

 

 

REOC: Austin 3Q 2015 office marketREOC: Austin 3Q 2015 office markethttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112972015-12-01T06:00:00Z2015-12-01T20:00:00Z

​​​​​AUSTIN - The ​Austin Office Building Update report for third quarter 2015 has been released by REOC Austin.

Austin's strong population and job growth have helped continue the strong demand for office space.​

The Austin office market closed 3Q 2015 with a citywide vacancy rate of 9.5 percent, which is slightly up compared to the 9.0 percent recorded a year ago.

Over the past four quarters, the market experienced more than 1.3 million sf of positive net absorption, with 705,793 sf being absorbed in 3Q 2015.

Analysis by REOC Austin based on data provided by Xceligent and approved by Austin Office Advisory Board. Includes all multi-tenant office projects of 20,000 sf or more (excluding Owner-Occupied, Medical, Single-Tenant and Government-only buildings).

 

Don't fo​rget to check out Austin Office Market Research for more information.
REOC AUSTIN
Austin-Round Rock
Office
https://assets.recenter.tamu.edu/Documents/MktResearch/Austin_REOC_Office.pdfSee the full report at {Source}

 Search NewsTalk Texas