Jan 21, 2014
Austin 2013 office market indicators: CoStar
AUSTIN - The Austin Chamber of Commerce office data for 2001-2013 are now available. Data include all classes and all sizes, and both multitenant and single-tenant buildings, including owner-occupied buildings. *Annual...
AUSTIN – The Austin Chamber of Commerce office data for 2001-2013 are now available.
Data include all classes and all sizes, and both multitenant and single-tenant buildings, including owner-occupied buildings.
| Year* | Existing Inventory | Vacancy | Net Absorption | Under Construction Inventory | Quoted Rates | ||||
| Bldgs. | Total RBA | Direct SF | Total SF | Vacancy | Bldgs. | Total RBA | Per FS | ||
| 2011 | 4,194 | 85,854,255 | 10,163,377 | 10,486,657 | 12.2% | 1,640,643 | 23 | 366,321 | $24.52/FS |
| 2012 | 4,221 | 86,445,592 | 8,953,139 | 9,096,932 | 10.5% | 1,981,062 | 23 | 532,438 | $25.47/FS |
| 2013 | 4,240 | 86,739,632 | 7,625,689 | 8,022,817 | 9.2% | 1,368,155 | 35 | 1,831,515 | $27.76/FS |
*Annual & YTD figures are as of end of the period except Net Absorption and Deliveries.
FS=All rental rates reported in the CoStar Office Report have been converted to a Full Service equivalent rental rate.
RBA=Rentable building area.
Source: CoStar Group
See more at The Austin Chamber of Commerce.
For historical data since 2001, see Office under Austin Market Data Sources (CoStar Group).
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