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 | 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 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...
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