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 | Sep 28, 2023 | Commercial Real Estate Trends, Leasing Tips, Office Space
Many people ask me if the increase in the Austin area office vacancies will trigger a price decrease in both rent and property values making them more affordable. The answer to that question lies in several factors which I’ve explained below. First, it’s important to...
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 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 | Feb 28, 2022 | Leasing Tips, Tenant Education
As Austin continues to generate sustained interest from companies looking to move here, both big and small, this correlates directly to higher rents and purchase prices for all type of commercial property. The result is many companies are packing up their bags and...
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...
Recent Comments