Office & industrial real estate market

Corporate real estate opportunities abound for growing companies with long-term expansion plans. Thanks to a continuing supply of office and industrial space and a wide variety of environmental characteristics, the region can accommodate nearly any operation, large or small. With much of Austin’s development occurring over the past decade, facilities are modern and attractive. Class A office space is available in a vibrant downtown as well as a variety of suburban markets. In addition, the area has several campus-style facilities that are available for lease.

The Austin Chamber can help your company locate the site that fits your needs.

Office Real Estate Market, 2016 Q1
INVENTORY (SQ. FT.)VACANT (SQ. FT.)VACANCY RATERENTAL RATE
All MarketsClass A36,290,3863,568,3099.8%$36.16
Class B42,511,6213,447,1108.1%$26.12
Class C15,578,030540,5393.5%$22.20
Total94,380,0377,555,9588.0%$31.16
DowntownClass A7,824,666601,6277.7%$44.01
Class B4,639,122161,4823.5%$36.70
Class C2,230,93445,9022.1%$31.17
Total14,694,722809,0115.5%$42.34
SuburbanClass A28,465,7202,966,68210.4%$33.89
Class B37,872,4993,285,6288.7%$25.47
Class C13,347,096494,6373.7%$21.37
Total79,685,3156,746,9478.5%$29.22
Industrial Real Estate Market, 2016 Q1
INVENTORY (SQ. FT.)VACANT (SQ. FT.)VACANCY RATERENTAL RATE
Flex22,100,5781,492,3206.8%$11.53
Warehouse/Manufacturing73,498,5223,852,3385.2%$7.76
Total Industrial95,599,1005,344,6585.6%$8.91

Note: Additional office and industrial real estate market data is available via the Chamber's Economic Indicators page.

Source: CoStar.