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 | 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 | 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 | Dec 5, 2022 | Commercial Real Estate Trends, Industrial Leasing, Lease Advisory, Office Space, Tenant Education
Sublease activity in the commercial real estate market is a lot like the “canary in a coal mine” analogy whereby it’s one of the first indicators that there is a problem looming. When sublease space activity increases significantly, that means that there is something...
by Chris Oddo | Jan 14, 2022 | Commercial Real Estate Trends, Industrial Leasing, Office Space, Tenant Education
With 2021 behind us, let’s look at where the commercial real estate market is and where I think it will be as it moves deeper into 2022. Nationally, 2021 was not particularly kind to the commercial real estate market. Primarily because of COVID and corporations desire...
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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