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1. www.cbre.com › insights › figuresAustin Office Figures - Q2 2024 - CBRE

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   Jul 8, 2024 · Q2 2024 marks the second straight quarter in which the Austin office market has recorded positive net absorption. As of June, more than 86 tenants are actively seeking space totaling over 2.5 million sq. ft. A total of 1,753,327 sq. ft. of office product is projected to be completed in 2024, with approximately 18.0% of the pipeline pre-leased ...

2. www.commercialcafe.com › office-market-trends › usAustin Office Rent Price & Sales Report - CommercialCafe

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   Austin, TX Sale Price per SF Trend. Austin office space cost in 2023 marked a -15.80% change compared to the previous year. The sale price for office space in Austin averaged $299.39 per square foot in 2023, across all market subdivisions and asset classes. Conversely, the statewide Texas average office sale price during the same time period ...

3. www.spyglassrealty.com › blog › austin-commercialPrice per Square Foot in Austin Commercial Real Estate

   www.spyglassrealty.com › blog › austin-commercial

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   Sep 26, 2023 · Let's say you're looking at a 10,000-square-foot office space in downtown Austin with a rental rate of $35/sqft/year. This means that your base rent would be $350,000 annually before considering other costs like operating expenses.

   • Author: Ryan Rodenbeck

4. www.globenewswire.com › news-release › 2021/10/14Downtown Austin Office Space For Rent Price & Cost Guide

   www.globenewswire.com › news-release › 2021/10/14

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   Oct 14, 2021 · Downtown Austin Office Space For Rent Price & Cost Guide 2021 by Austin Tenant Advisors. October 14, 2021 18:29 ET | Source: Austin Tenant Advisors. Austin, Oct. 14, 2021 (GLOBE NEWSWIRE ...

5. aquilacommercial.com › learning-center › cost-toHow Much Does It Cost to Lease Office Space in Austin, Texas ...

   aquilacommercial.com › learning-center › cost-to

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   Sep 26, 2024 · Office rental rates in downtown Austin have historically been the highest of all the submarkets. Below you can see where rates have been and where they currently are. As you can see from the chart, leasing office space in the CBD currently costs approximately $65.66 per square foot. A 10,000-square-foot tenant, for example, amounts to $656,600 ...

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6. myelisting.com › austin-office-space-report-20222022 Office Space Report: Austin | MyEListing

   myelisting.com › austin-office-space-report-2022

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   Jul 15, 2022 · The Pacing of Office Space Rents in Austin. Nationally, the office vacancy rate hovers at 15.4%, and the average listing costs $33.08 a square foot. In Austin, TX: 4.49% change in asking rent price for office space in YOY average. Asking rents averaged $42.69 per square foot. 10.80% office vacancy rate was reported in 2020.

7. People also ask

   How much does office space cost in Austin?

   • The average office rent in Austin was $41.51 per square foot in 2022. Austin office space had an average sale price per square foot of $356.97. Class A office space in Austin had an asking rent of $48.58 per square foot.

   Austin Office Price per Sqft and Office Market Trends - CommercialCafe

   www.commercialcafe.com/office-market-trends/us/tx/austin/

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   How much did Austin office space cost in 2022?

   • The average cost of office space in Austin in 2022 was $356.97 per square foot. This represents a -21.93% change compared to the previous year.

   Austin Office Price per Sqft and Office Market Trends - CommercialCafe

   www.commercialcafe.com/office-market-trends/us/tx/austin/

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   How much office space will Austin have in 2023?

   • At the close of 2022, Austin had 4,068,615 square feet of office space in 16 buildings equal to or larger than 25,000 square feet. Looking forward, development activity throughout 2023 is estimated to add 4,129,783 square feet of office space to the market, resulting in a total of 8,198,401 square feet by the end of the year.

   Austin Office Price per Sqft and Office Market Trends - CommercialCafe

   www.commercialcafe.com/office-market-trends/us/tx/austin/

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   How much does it cost to lease a space at 823 Congress?

   • Quoted yearly lease prices range from $71 to $72 per square foot gross. Parking ratio here is 1 space per 770 sf or 1:770. 823 Congress is a 16 story, 181,000 rsf office building located at 9th and Congress and is one of the best value class A office buildings in downtown Austin.

   Office Space Cost Guide For Buildings in Downtown Austin 2021 - Austi…

   www.austintenantadvisors.com/blog/office-space-cost-guide-downtown-austin-tx/

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   How much did Austin office sales cost in 2022?

   • In 2022, $1.1B worth of office sales were recorded in Austin. The largest transaction on the market saw 1000 Red River Street change hands for $108,000,000 on 10/5/2022. The statewide Texas average office sale price during the same time period was $181.27 per square foot. There were a total of 36 deals closed on the Austin office market.

   Austin Office Price per Sqft and Office Market Trends - CommercialCafe

   www.commercialcafe.com/office-market-trends/us/tx/austin/

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   How much does it cost to rent the domain in Austin?

   • The fact that the Domain has begun to transform into Austin’s “second downtown” has caused it to have rental rates different from the Northwest average. The average full-service asking rate in The Domain is $62.01 per square foot.

   How Much Does It Cost to Lease Office Space in Austin, Texas? (Rental

   aquilacommercial.com/learning-center/cost-to-lease-office-space-austin-tx/

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8. www.austintenantadvisors.com › blog › office-spaceOffice Space Cost Guide For Buildings in Downtown Austin 2021

   www.austintenantadvisors.com › blog › office-space

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   Oct 5, 2021 · Quick Facts About Office Buildings in Downtown Austin. 74 office buildings (not including old houses zoned for office use) 12.1M total rentable square feet (rsf) $59.36 per square foot (sf) is the average asking gross rent. $31 – $80 sf is the range of asking rents. 22% vacancy. 856,335 sf of available sublease space.