by Chris Oddo | Sep 23, 2025 | Commercial Real Estate Trends, News
Now that the smoke has cleared from the COVID effect of businesses downsizing due to “work at home” policies, investors are re-valuing commercial real estate assets downward to account for the new norm of vacancy rates, which are averaging 25% for Class A buildings...
by Chris Oddo | Jun 16, 2025 | Commercial Real Estate Trends
Welcome to my June edition of my Commercial RE newsletter. Here’s the current trend of commercial real estate space in Austin, Texas: Office Space High vacancy, declining absorption: Q1 2025 saw a net absorption of –372,714 sq ft, a sharp reversal from positive...
by Chris Oddo | Apr 25, 2025 | News, Uncategorized
As global economies navigate a complex web of supply chains, inflation concerns, and geopolitical realignments, one often overlooked but deeply affected sector is commercial real estate. With recent tariff negotiations between major economies like the U.S., China, and...
by Chris Oddo | Feb 28, 2025 | Industrial Leasing, Lease Advisory, Leasing Tips, Office Space, Tenant Education
It’s that time of year when your landlord sends you a letter reconciling the expenses from 2024. Over the past 10 plus years, it’s been an unwelcome correspondence since building operating expenses have been going up. The main driver of increased expenses is due...
by Chris Oddo | Jan 31, 2025 | Commercial Real Estate Trends, Industrial Leasing, Lease Advisory, Office Space, Property Ownership, Tenant Education
The commercial real estate market in Austin, Texas, is poised for a dynamic year in 2025, characterized by both challenges and opportunities across various sectors. The sectors focused on in this outlook report are office, industrial, retail and investments. The...
by katie | Nov 22, 2024 | Lease Advisory, Property Ownership, Tenant Education
When it comes to acquiring commercial real estate, business owners and entrepreneurs often face a significant decision: should they lease or purchase the property? Both options have distinct advantages and drawbacks, depending on the specific needs, goals, and...
by Chris Oddo | Aug 20, 2024 | Commercial Real Estate Trends, Industrial Leasing, Lease Advisory, News, Office Space, Tenant Education
Welcome back to the Austin commercial real estate market update! It’s been a few months since I discussed rental rates, vacancies, and other key metrics, so let’s dive in. Office MarketTenants are increasingly drawn to newer, amenity-rich office buildings, a...
by Chris Oddo | Jun 26, 2024 | Commercial Real Estate Trends, Property Ownership
As a veteran Commercial Real Estate Broker, with 30 years of experience under my belt, I don’t recall a time in Austin’s history where the commercial real estate market in the central business district (CBD) has experienced a correction like it is going through now....
by Chris Oddo | Apr 26, 2024 | Commercial Real Estate Trends, Office Space
The most asked question I get these days is “Are office rents in the Austin area coming down since more and more buildings seem to have more vacancy?” The answer? Likely. I wish I could be more definitive, but the Austin market has shown amazing resiliency over...
by Chris Oddo | Feb 20, 2024 | Property Ownership
Every so often, I think it’s important to help business owners and investors think about the various aspects involved in buying commercial real estate. Below are some questions and thoughts to consider. Assuming you haven’t owned commercial real estate before, run a...
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