by Chris Oddo | Nov 1, 2023 | Commercial Real Estate Trends, Lease Advisory, Office Space
There is a lot of news about various companies reducing or vacating their lease space, but there are some positive stories of companies expanding and/or relocating to the area as well. In this article I want to focus on the office space trends, as this is key...
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 | 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 | Oct 22, 2021 | Office Space, Tenant Education
Many executives are asking the question: Is it time to bring employees back to the office? All of them, some of them? A recent interview of 15 CEOs by Bethany Cianciolo and Kathryn Vasel published on September 9, 2021, suggested that most of them wanted their...
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