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Austin's office absorption negative in 3Q 2012Austin's office absorption negative in 3Q 2012https://www.recenter.tamu.edu/news/newstalk-texas/?Item=92142012-10-25T08:41:00Z2012-10-25T00:00:00Z

AUSTIN - Net absorption for the overall Austin office market was negative 35,110 sf in third quarter 2012. That compares to positive 333,944 sf in 2Q 2012, positive 723,641 sf in 1Q 2012, and positive 505,574 sf in 4Q 2011.

Net absorption for Austin's central business district was positive 88,632 sf in 3Q 2012. That compares to positive 34,336 sf in 2Q 2012 and negative 36,149 sf in 1Q 2012.

Austin Office Net Absorption (SF)
  3Q 2012 2Q 2012 1Q 2012 4Q 2011
Class A -128,588 114,672 380,144 262,025
Class B 73,894 208,389 308,488 228,871
Class C 19,584 10,883 35,009 14,678


Read more at CoStar Group.

CoStar Group
Austin-Round Rock
Office
http://www.costar.com/news/article/market-trend-net-absorption-negative-35110-sf-for-austins-office-market-in-q3-2012/142586Read more at {Source}

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