{{titleBar.title}}

{{titleBar.tagline}}

 

 

Austin office market among nation's strongestAustin office market among nation's strongesthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=168952017-06-19T05:00:00Z2017-06-19T23:05:00Z

​​​​​AUSTIN – Despite a slight rise in vacancy, the Austin office market remains among the nation’s strongest. ​​

Net absorption for the overall Austin office market stands at a positive 700,937 sf year-to-date, according to the NAI Partners’ June report

Direct space absorbed was 872,290 sf, which was more than enough to balance the negative 171,353 sf from sublease space.

Deliveries year-to-date remained steady at nearly 1 million sf, of which roughly 88 percent is leased. 

The construction pipeline has 196,173 sf underway across three properties located in the South and Southwest submarkets.
Connect
Austin-Round Rock
Office
https://www.connect.media/austin-office-market-remains-strong/

Want more Austin office market research? Click here.

Source: {Source}

 Search NewsTalk Texas