by Chris Oddo | Aug 25, 2023 | Commercial Real Estate Trends, Industrial Leasing
Back in 2022, Austin saw strong numbers in the industrial space market. Vacancies were down and rental rates were up. Samsung and Tesla helped attract other companies with their supply chain verticals to the Austin market. They continue to do so, but the deal...
by Chris Oddo | Jul 21, 2023 | Commercial Real Estate Trends, News
With Austin housing prices continuing to be over-heated, the City of Austin has not so quietly been trying to add affordable housing within the city limits. One method to accomplish this goal is to persuade developers to add more affordable housing, but it’s had...
by Chris Oddo | Jun 20, 2023 | Commercial Real Estate Trends, Lease Advisory, Leasing Tips, Office Space
I don’t think the commercial real estate market in Austin, or the rest of the US for that matter, has bottomed out yet; at least not so soon after COVID. In my opinion, the two primary reasons for the delay in the continued growth of the economy and commercial real...
by Chris Oddo | Apr 19, 2023 | Commercial Real Estate Trends, Industrial Leasing, Lease Advisory, Property Ownership, Tenant Education
The uncertainty in the banking system created by the collapse of Silicon Valley Bank, Washington Mutual, and Signature Bank has caused a lot of concern in how businesses act today and their plan for the future. This concern is causing some tenants to ask landlords,...
by Chris Oddo | Feb 27, 2023 | Uncategorized
For the March Issue of the Austin-Central Texas Commercial Real Estate Update, I thought I’d report on something a little different. This is partly due to a lot of interest I am getting from a project I took on. A business partner and I are renovating a 100+ year old...
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