Commercial
Although a souring economy has had a dampening effect on Austin commercial real estate, the city’s overall strong economic base, bolstered by, among others, the University of Texas at Austin, high-tech companies such as Hewlitt-Packard, and 3M, major global companies, IBM and Samsung, and more, are a powerful influence upon the economic and continued population growth of Austin.
VIP Realty is the source you need to find the Austin office, industrial or warehouse space best suited to your business needs, and negotiate the best terms of lease or purchase on your behalf.
Austin Office Space
Choosing the right office space can be a daunting task in today’s Austin, considering the fact that nearly two million square feet of new office space is on line to become available by the end of 2008, and a glut of existing buildings has landlords eagerly seeking tenants. Obviously, this is a great time for prospective Austin office space tenants - who now have the bargaining chip advantage - to lease space at lower than market rates.
Austin Industrial & Warehouse Space
Rising availability and slowing rent growth means opportunities to obtain Austin Industrial and Warehouse space at competitive rates were never better. However, unlike the current Austin office space market, the industrial sectors future building projections have slowed, to allow demand to overtake supply.
