AUSTIN, HOUSTON, SAN ANTONIO, DALLAS - The Texas commercial real estate market is steadily bouncing back and rental rates are a leading indicator of market, according to Sage Group's second quarter 2013 office statistics.
The following is a summary of the Central Business District Class A office rental rate trends.
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.
Read more at Sage Group Appraisal Network.
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