{{titleBar.title}}

{{titleBar.tagline}}

 

 

CBRE captures Austin growth with new submarket mapCBRE captures Austin growth with new submarket maphttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=199292018-05-01T05:00:00Z2018-05-01T23:20:00Z

​​​AUSTIN – For the first time since 2006, CBRE Research redrew the office submarket boundaries to better reflect the evolving market dynamics of the Silicon Hills.

Given rapid levels of growth, construction and re-development, CBRE Research determined that the decade-old submarket boundaries no longer accurately reflected the marketplace.

Primary changes include:

  • dividing the large North Central submarket into North and Central;
  • separating the expansive East submarket into East and Northeast;
  • refining the South submarket into South and Southeast.

By creating these new submarkets, trends pertaining to these developing areas of the Austin office market can be accurately identified and tracked.​

Comparison of CBRE's 2006 submarkets and 2018 submarkets

CBRE
Austin-Round Rock
Office
https://www.cbre.us/about/media-center/austin-submarket-redraw-marketflash

See current and previous Austin Office Market Data from a variety of sources. (CBRE's previous reports will not reflect the new submarkets.)

Source: {Source}

 Search NewsTalk Texas