Monthly Market Snapshot

Austin Office

Monthly Market Snapshot


JUNE 2017

Market Highlights

Net absorption for the overall office market is at positive 700,937 sq. ft. year-to-date. Direct space absorped 872,290 sq. ft., more than enough to balance the negative 171,353 sq. ft. from sublease space.

Despite a slight rise in vacancy, the Austin office market remains among the nation’s strongest.

The amount of space delivered to the market year-to-date has remained steady at just south of 1.0 million sq. ft., of which roughly 88% is leased. As for the construction pipeline, 196,173 sq. ft. is underway across three properties located in the South and Southwest submarkets.

Nearing completion is The Overlook at Barton Creek (317 Grace Lane), one of the last remaining sites along Bee Caves Road. Located equal distance to Highway 71, RR 620, and Loop 360, the two-story, 60,168-sq.-ft. office building is fully available.

Forthcoming Davenport 360 (6001 Bold Ruler Way), which will be located on Capital of Texas Highway, has plans to break ground as soon as 50% of the 33,911-sq.-ft. office building has been pre-leased. The architecturally unique office building was designed by the award-winning Studio 8 Architects.

This year, two Austin-area companies are ranked in the Fortune 500: Round Rock-based Dell Technologies ranks No. 41 on the list with $64.8 billion in annual revenue, while Austin-based Whole Foods Market comes in at No. 176 with $15.7 billion in annual revenue.

Research Snapshot Austin Office

Research Snapshot Austin Office

 

Research Snapshot Austin Office

 

Leta Wauson
Director of Research
leta.wauson@naipartners.com
tel 713 275 9618

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Quarterly Reports

HOUSTON

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

Q2 2017 Retail Market Report

SAN ANTONIO

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

AUSTIN

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

 

Industrial Submarket Spotlight

Houston Northwest Submarket July 2017

Houston Southeast Submarket June 2017

 

Office Submarket Spotlight

San Antonio Northwest Submarket August 2017

 

Sublease Digest

Houston Office July 2017

Houston Office June 2017

Houston Office May 2017

Houston Office April 2017

Houston Office March 2017

Houston Industrial March 2017

 

Monthly Snapshots

HOUSTON

Houston Office August 2017

Houston Industrial August 2017

Houston Retail August 2017

AUSTIN

Austin Office August 2017

Austin Industrial August 2017

SAN ANTONIO

San Antonio Office June 2017

San Antonio Industrial June 2017

 

Market Insight

Market Insight

 

Monthly Snapshots (Historical)

 

Houston Office June 2017

Houston Industrial June 2017

 

Houston Retail June 2017

Houston Retail March 2017

Houston Office March 2017

Houston Industrial March 2017

 

San Antonio Office May 2017

San Antonio Industrial May 2017

 

Austin Office June 2017

 

Austin Industrial June 2017

 

Data InSight

Data InSight

 

Quarterly Reports (Historical)

HOUSTON

Q1 2017 Office Market Report

Q1 2017 Industrial Market Report

Q4 2016 Office Market Report

Q1 2017 Retail Market Report

 

SAN ANTONIO

Q1 2017 Office Market Report

 

​Q1 2017 Industrial Market Report

AUSTIN

Q1 2017 Office Market Report

Q1 2017 Industrial Market Report

 

SoundBytes

May 22, 2017

May 11, 2017

April 20, 2017

March 28, 2017

 

Resources

I-35 Corridor Activity Map

The New #CREcosystem Refresh - featuring contributions from Larry Koestler, VP of Marketing