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 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...
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