by Chris Oddo | Jun 28, 2021 | Commercial Real Estate Trends
Curious how the Texas, and more specifically Austin, commercial real estate market is doing in this “coming-out-of-COVID” climate? Well, we have a first, second, and third place finish in Dallas, Austin then Houston experiencing the lowest vacancy rates of all cities...
by Chris Oddo | May 24, 2021 | Commercial Real Estate Trends, News
The commercial real estate market has showed surprising resiliency over the last year since COVID hit the scene, particular in Central Texas. Predictions of a major crash in property valuations, “fire sales”, and mass foreclosures never happened. Projections of an...
by Chris Oddo | Apr 14, 2021 | Lease Advisory, Leasing Tips, Tenant Education
It’s that time of year when your landlord sends you a letter reconciling the expenses from 2020. Over the past 8 to 10 years, it’s been an unwelcome correspondence. Mainly because operating expenses have been going up due to the typical inflationary items such...
by Chris Oddo | Feb 22, 2021 | Leasing Tips
1). Know the Market – This may seem obvious, but over the years some of my new clients were surprised at the amount of data I provided them on the front end of a leasing assignment. It’s very important to know how much inventory is in your particular size and...
by Chris Oddo | Jan 7, 2021 | Commercial Real Estate Trends
2021 will be a year of transition back to a normal way of living. The virus pandemic put the brakes on economies worldwide in 2020 but a fast-tracked vaccine is getting out that is building confidence that the capital markets think will fire things back up. There are...
by Chris Oddo | Oct 16, 2020 | Commercial Real Estate Trends, News
I thought I would highlight a few recent company announcements that are impacting the development of several communities on the outskirts of Austin in a big way. I’m talking about Tesla and Amazon. Let’s start with Amazon, the e-commerce giant, although some of their...
by Chris Oddo | Sep 1, 2020 | News
I can’t comfort you when it comes to the health concerns of the COVID pandemic since I am not a health expert but I can give you an update on what’s going on with commercial real estate during this pandemic and where I think things are headed with the office,...
by Chris Oddo | Jun 5, 2020 | Commercial Real Estate Trends
1. What you may not know, but need to: Here’s some questions and thoughts to consider: Assuming you haven’t owned commercial real estate before, run a lease vs purchase analysis to see if there is a cost benefit to ownership. A qualified commercial real estate...
by Chris Oddo | Jan 5, 2019 | Industrial Leasing, Lease Advisory, Leasing Tips, Tenant Education
Warehouse and industrial spaces are highly desired for their versatility, and in cities like Austin, they even carry a “cool factor”. Potential uses of industrial space range from storage and manufacturing to distribution or flex space. Industrial properties...
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