Austin office market cools a bit, but still healthy | Austin office market cools a bit, but still healthy | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=15009 | 2016-10-31T05:00:00Z | 2016-10-31T19:00:00Z | AUSTIN - Despite a report showing year-over-year dips in occupancy and rents for top-tier space, Central Texas’ office market remains healthy with tech and other companies continuing to spur demand. In its third quarter 2016 report, Cushman & Wakefield Austin said Class A office space was 90.4 percent occupied, on average. That’s down 1.3 percent from third quarter 2015 when the occupancy rate averaged 91.6 percent. White-collar job growth fuels demand for office space. Office headcounts will rise by 10,400 jobs this year, up 4.2 percent from the end of 2015, Marcus & Millichap said in its latest report. Strong demand for office space in Austin has had vacancies on a downward trend since late 2009, Marcus & Millichap said in its latest report. | Austin American-Statesman
| Austin-Round Rock
| Office
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