What's in Colliers pipeline? Austin 4Q 2015 Office MarketWhat's in Colliers pipeline? Austin 4Q 2015 Office Markethttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=117822016-01-20T06:00:00Z2016-01-20T18:00:00Z

​​​AUSTIN - ​Once again, overall positive net absorption in the Austin market has reached the highest ever recorded. Tenants moving into new office space during 4Q 2015 amount to a positive net absorption of 902,046 sf.​

You can find this and more in Colliers International 4Q 2015 Office Market Report. ​

The citywide average rental rate increased slightly over the quarter from $30.52 per sf to $30.71 per sf. The highest rates across the Austin market are in the CBD where Class A rental rates reached $44.36 per sf in 4Q, a 1.4 percent increase over last quarter.

The citywide vacancy rate fell to 11.3 percent, down from 11.7 percent in 3Q 2015.

Five buildings totaling 676,904 sf delivered in the 4Q 2015 and 1,579,496 sf of office space is currently under construction.


Colliers International
Austin-Round Rock

​For​ more on the Austin office market, visit Austin Office Market Research​

See the full report at {Source}

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