Tuesday , 24 October 2017
Breaking News

Austin Office Market Reports Strong 3rd Quarter

AUSTIN – Austin’s office leasing market had an strong third quarter performance, posting 644,297 square feet of positive absorption, the Grubb & Ellis firm reported.

 Tenant demand has increased over the last several quarters as companies continued to demonstrate a willingness to take on multi-year space commitments by expanding or relocating to the Capital City.

 Job growth has been a catalyst for the sustained recovery, prompting a boom in the local office market that just completed its ninth consecutive quarter of positive net absorption.

 

 

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