Family Office Briefing on research bySavills·Aug 25, 2023

Austin 2023 Q2 Market Report

Austin's commercial real estate market shows a 27.2% year-over-year increase in availability rate in Q2 2023 — family offices should consider co-GP opportunities with local operators.

AustinTexas2023

Key Metrics

Metric	Value	Change / Context
Availability Rate	27.2%	Y-O-Y CHANGE
Asking Rental Rate	45.84psf	Y-O-Y CHANGE
Class A Asking Rental Rate	50.42psf	Y-O-Y CHANGE
Quarterly Leasing Activity	0.8msf	Y-O-Y CHANGE
Available Sublease Space	5.7msf	Y-O-Y CHANGE

Metrics extracted from the source report and independently fact-checked. Method →

Full report

Savills

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