by Chris Oddo | Jun 20, 2023 | Commercial Real Estate Trends, Lease Advisory, Leasing Tips, Office Space
I don’t think the commercial real estate market in Austin, or the rest of the US for that matter, has bottomed out yet; at least not so soon after COVID. In my opinion, the two primary reasons for the delay in the continued growth of the economy and commercial real...
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 | Sep 15, 2022 | Commercial Real Estate Trends, Lease Advisory
This Month’s report highlights the sales and leasing trends for commercial real estate in Austin and surrounding areas. Sales activity has been robust with 4.6% of downtown Austin inventory turning over in 2021. That equates to a whopping $685M in sales volume. The...
by Chris Oddo | Apr 20, 2022 | Lease Advisory, Leasing Tips, Tenant Education
It’s that time of year when your landlord sends you a letter reconciling the expenses from 2021. Over the past nine plus years, it’s been an unwelcome correspondence. And more recently with supply chain issues and labor market shortages, building operating expenses...
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...
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