
Austin Q3 2024 Office Market Report
"Austin office market sees an uptick in leasing activity compared to this time last year"
We pride ourselves on our in-depth commercial real estate research. Our specialist teams offer insight into current market trends and predictions for the future to help you make the right real estate decisions.

"Austin office market sees an uptick in leasing activity compared to this time last year"

"Availability in Q3 surged once again, ending 200 basis points higher than the same period last year, as tenants continue to offload excess office space"
.jpg)
"Total availability of 22.0% increased 40 basis points year over year, leaving tenants with an abundance of space options, as well as heightened leverage in lease negotiations "
.jpg)
"Leasing activity of 1.4 million square feet (msf) was down from 1.5 msf last quarter, as well as 1.8 msf reported last year, but is expected to increase as the overall economy grows"
.jpg)
"Tampa Bay office market demonstrating resilience once again as unemployment rate remains low"
(1).jpg)
"Office leasing activity rises to highest level seen in 2024"
.jpg)
"Office leasing activity rebounds as tenants explore outer submarkets"

"Suburban Chicago office market grapples with high availability, shrinking options"
.jpg)
"Record-high availability across Denver persists as market dynamics remain fundamentally altered"
.jpg)
"Office availability elevated, but deal volumes Office-using Employment Growth signal renewed occupier demand amid hybrid work"