With lending tight, more businesses may look to lease office space
by Aron Susman
TheSquareFoot Blog
Competition for Austin commercial space heats up
by Aron Susman
Development of downtown space would represent record growth in Austin
by Aron Susman
Commercial development could follow sale of downtown Austin post office
by Aron Susman
Email and other digital communications initiatives have pushed the U.S. Postal Service (USPS) to the brink, as consumers rely less on its services to fulfill their needs. Although the organization had sought assistance from Congress, it announced last week that it would move forward with its own plans to cut costs.
Austin real estate development and employment figures on the rise
by Aron Susman
The growth of Austin's commercial real estate market during the last four years has been curtailed by a lack of funding for many projects that were planned when the market's health was considerably better. Now, growth is being slowed by a flood of applications for new business office spaces and commercial properties.
More businesses say they're willing to provide relocation benefits
by Aron Susman
Texas, particularly Austin, leads commercial real estate resurgence
by Aron Susman
Owners of Austin newspaper accepting offers for lakefront location
by Aron Susman
Businesses choose between new and existing Dallas office spaces
by Aron Susman
If cost were of no concern, most business owners would probably prefer to operate out of a new, state-of-the-art commercial space. As always, though, cost considerations must always be taken into account and Dallas office space is no exception to the rule.
Tech companies lead charge in downtown Austin office space development
by Aron Susman
Austin office space filling up as employment improves
by Aron Susman
Texas cities have long been attractive to small businesses owners, which may be more true now, as real estate experts in the Austin area have reported that the office market is seeing many commercial spaces receive tenants.
Demand for office, warehouse space boosts U.S. commercial real estate
by Aron Susman
Another report on the commercial real estate picture in the United States points to the continuing demand for new office and warehouse spaces driving up office leasing activity in key markets around the country.
For third consecutive year, Austin remains best Southern city for small business
by Aron Susman
Small business owners with intentions of operating in the South should look no further than Austin, Texas, which continues its three-year reign atop The Business Journals' rankings of best southern cities for these organizations. This should spell good news for providers of Austin office space.
Foreign investors see opportunities in U.S. commercial real estate
by Aron Susman
The current commercial real estate market appeals to buyers in major cities such as New York City, Dallas, Houston and Austin. However, experts say businesses conducting an office space search may soon increasingly find themselves leasing properties owned by foreign investors, who consider the market's current position ideal for investment.
Local businessman predicts future Austin expansion
by Aron Susman
When real estate developer Kevin Williamson arrived in Austin 14 years ago, the West Sixth Street district was not much to write home about - a deli and a steakhouse were the main attractions. They were, at least, until Williamson helped pioneer the expansion of several businesses that have transformed the area into a vibrant destination spot, which has positively effected Austin office space.
Real estate lagging near site of Formula One track outside Austin
by Aron Susman
This November, the 125-person town of Elroy, Texas - on the outskirts of Austin - will come alive as 24 Formula One drivers careen around 20 turns at speeds in excess of 200 mph during the first United States Grand Prix hosted by the facility.
Developer purchases nearly 1 million square feet of Austin commercial space
by Aron Susman
The buildings that once housed the East Austin headquarters for Motorola and Freescale Semiconductor are now likely to provide Austin office space for rent to local Austin business owners.
Census: Nation's urban population growth increasing rapidly
by Aron Susman
The United States' population is increasingly becoming centralized in major urban areas, including the Los Angeles, New York City and Austin metropolitan regions, according to new federal data. Patterns of growth may affect the level of commercial real estate leasing activity in particular parts of the country.
Market for Austin retail space for rent strong
by Aron Susman
Demand for rental space for lease in Austin continues to climb, according to a report, as the city now represents the state's strongest market for commercial retail space.
Gym, liquor store secure Austin retail space for lease
by Aron Susman
Since the height of the recent economic recession, malls and shopping centers around the country have felt increasing pressure stemming from shuttering stores {never heard that term but Lisa claims it's legit} and climbing vacancy rates. However, with jobs figures and economic indicators heading in the right direction, more shopping centers are noticing increasing demand for retail space for lease, particularly in burgeoning metropolitan areas such as Austin.
Report: Office lease opportunities to tighten in second half
by Aron Susman
The latter six months of 2012 will provide greater opportunities for commercial real estate investors and property owners to profit from increasing demand and rising rents. However, for businesses seeking office space for rent in top metropolitan markets like New York and Dallas, it may be wise to begin considering options now, before vacancies become too tight.
More retail real estate leasers considering the data behind decisions
by Aron Susman
For businesses considering retail space for rent in top metropolitan areas such as New York, Dallas, Austin or Houston, it has never been unusual to base this decision off of intangible factors, such as instinct or the general "feel" towards the property.
Small businesses and commercial real estate: To buy or to lease?
by Aron Susman
Expansion is a welcome challenge for most businesses, and with it comes a variety of decisions. One of the most important may regard the business' physical location, and whether or not a company wants to buy or lease its new home.
Commercial real estate owners in Austin benefiting from SXSW
by Aron Susman
Once known as one of the nation's most prominent music gatherings, the annual South by Southwest festival has now become one of the world's premier digital media events. Accordingly, its effect on the Austin commercial real estate sector has been significant, according to reports.
Downtown lifestyle boosting value of Austin commercial real estate
by Aron Susman
Austin has become a haven for young workers and entrepreneurs enamored with the prospect of living an urban lifestyle in the heart of a burgeoning city. As a result, local real estate continues to climb in value, putting landlords who own commercial real estate in Austin in a position to benefit.
Lending for commercial real estate increases in Q4 2011
by Aron Susman
For the first time since 2010, U.S. banks committed more in lending to commercial real estate projects than they did in the previous quarter, according to a national report. With improved access to financing, more businesses may have the financial backing needed to consider securing office space for rent in top metros such as Dallas, Houston or New York City.
NAR: Job growth leading to fewer vacancies
by Aron Susman
Real estate experts have long tied the industry's fortunes to the strength of the nation's job market, and now many say the right type of growth is occurring to positively effect several corners of the market - including commercial real estate.
Co-Working Has Experienced Explosive Growth - But Can There Be Downsides?
by Aron Susman
After reading a recent article on the dark side of co-working, we thought we would chime in. It comes as no surprise that co-working is starting to see some backlash among small businesses and contractors. As a relatively new solution to traditional office space in the U.S., co-working has taken off like a wildfire. If you are on either the west coast or east coast and involved in commercial real estate or you are looking for real estate – you certainly have seen all the cool, open, innovative co-working solutions. It is starting to pick up everywhere else, but it seems the coasts have taken the lead.
The Cult of Amazon Prime and How It Could Affect The Future Of Office Retail Space
by Aron Susman
Infographic -2011 Year in Review - Commercial Real Estate Lease Versus Buy Trends
by Aron Susman
After reading this article on leasing trends in commercial real estate, we began to think about what the metrics meant for tenants. Loopnet put together a very good info-graphic (below) on lease versus buy trends and I thought a few statistics were interesting from a prospective tenants viewpoint as they lease new or renew space for their business -