Sep 16, 2013
Sage Group: 2Q Class A office rental rates in Big Four
HOUSTON, AUSTIN, SAN ANTONIO, DALLAS - The Texas commercial real estate market is steadily bouncing back and rental rates are a leading indicator of market. Below is Sage Group's review...
HOUSTON, AUSTIN, SAN ANTONIO, DALLAS – The Texas commercial real estate market is steadily bouncing back and rental rates are a leading indicator of market. Below is Sage Group’s review of Central Business District Class A office rental rate trends.
Houston | Austin | San Antonio | Dallas | |
2Q 2013 | $23.68 | $25.33 | $19.82 | $17.08 |
4Q 2012 | $23.29 | $24.11 | $19.36 | $17.57 |
4Q 2011 | $22.98 | $24.30 | $20.33 | $18.41 |
4Q 2010 | $23.19 | $23.67 | $19.97 | $19.28 |
4Q 2009 | $25.49 | $25.26 | $19.63 | $19.92 |
Houston, Austin and San Antonio rents are increasing, while Dallas remains in a declining trend. Current rental rates in Austin and San Antonio now exceed year-end 2009 levels.
With positive employment growth projected for all four cities, expect continued rental rate growth.
In This Article
Topics
You might also like
SUBSCRIBE TO OUR
Publications
Receive our economic and housing reports and newsletters for free.