Renting Commercial Offices in Austin
Renting an Office Space In Austin: With so many large-scale companies doing business in Austin, it is no wonder that the area has a high amount of office space, and commercial real estate developments. For companies looking for hi-rise offices, and retail storefronts, both are available. The office vacancy rates in the greater Austin Texas area have risen over recent years mainly due to tough economic times that have hit the entire country. Despite an optimistic outlook, the area still has a great amount of options for businesses looking to grow, or build a business within the general Austin, Texas area. The prices vary greatly, but there are a lot of great options. A recent survey of open spaces for executive office suites yielded many smaller options at around $1.50 a square foot, and lower than $1 a square foot for 1,000 square feet and more. Some more elaborate layouts come with great amenities like free utilities, retail adjacent, free landscaping, and much more. There are a lot of openings in the area, and always spots available near the high rises that house high technology. We have executive offices suites in Austin that start at 90 square feet and up, just depending on your needs and your budget. These Austin executive office units start as low as $450 a month with flexible and temporary lease options available. These Class A and Class B office parks offer amenities like on site parking, security, 24/7 access, admin support and manned reception, furnished offices, shared offices and conference rooms, and much more. If you are trying to find serviced office suites to rent in Round Rock or Pflugerville Texas, then you are in luck because we also can help you get a great lease agreement on local commercial properties in those cities.
Business / City Services:
The economic picture of Austin relies heavily on high tech. It is one of the major hubs of high technology, and with the lower housing costs, rivals Silicon Valley. The greater metropolitan area and city center houses some large-scale companies, many of which are technology based. Some of the big companies that call Austin home include, 3M, Apple Inc, Hewlett-Packard, Google, AMD, Applied Materials, Citrus Logic, Cisco Systems, ebay/Paypal, Hoover’s, Intel Corporation, National Instruments, and many more. The region has been nicknamed by some, “the Silicon Hills” and has seen a lot of great development for both commercial and personal real estate needs. It continues to grow in other areas, including the pharmaceutical and travel industries, but it still relies heavily on the tech industry for the local economy. With all these big companies doing business in Austin, the local commercial real estate market has thrived as office buildings and business centers have seen their executive offices suites being rented at high prices.
Commute / Transit:
Despite a large amount of large-scale employers, the city has an unemployment rate of around 7%, which is marginally higher than the national average. Austin is ranked as the third fastest growing city in the country and has a population of 757,688 . The metropolitan area has an estimated population of 1,705,075 and continues to grow in size. The local airport is the Austin International and if your employees or clients need to use public transit then check out Capital Metro.