AUSTIN - JLL has released second quarter 2015 Austin Office Insight report.
Construction preleasing is holding steady in Austin with lack of available large blocks.
New inventory will continue to deliver in Austin steadily through 2015 and into 2Q 2016. Of the 740,000 sf delivered, 48.0 percent has been leased.
Tenants leasing space downtown have noticed operating expenses increase rapidly in recent years. The main contributor to this increase is a result of the real estate tax portion of operating expenses.
Click the full Austin Office Stats and Insight 2Q 2015 (PDF).
See Austin Market Research Office for more choices.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.