Family Office Briefing on research byTranswestern·May 5, 2023
Austin Office Research Report - Q1 2023
Austin office market shows signs of softening with negative net absorption in Q1 2023 — family offices should consider co-GP opportunities with experienced operators.
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | -930,431SF |
| Direct Occupancy | 82.9% |
| Total Occupancy | 79.0% |
| Average Price per SF | 34.46$ |
| Average Cap Rate | 6.3% |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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