The Central Business District (CBD) was the most expensive submarket for office real estate rental in Austin, Texas as of the first quarter of 2023. The Class A office space rental rate was approximately 67 U.S. dollars per square feet, compared to 26 U.S. dollars per square foot in Northeast. Among the major office markets in Texas, Dallas had the most inventory, while Austin had the highest rental rates.
Annual office rent per square foot in different submarkets in Austin, Texas, United States in the 1st quarter 2023
(in U.S. dollars)
Characteristic
Annual asking rent in U.S. dollars per square foot
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Avison Young. (April 11, 2023). Annual office rent per square foot in different submarkets in Austin, Texas, United States in the 1st quarter 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1301640/austin-texas-office-square-footage-rent-by-submarket/
Avison Young. "Annual office rent per square foot in different submarkets in Austin, Texas, United States in the 1st quarter 2023 (in U.S. dollars)." Chart. April 11, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1301640/austin-texas-office-square-footage-rent-by-submarket/
Avison Young. (2023). Annual office rent per square foot in different submarkets in Austin, Texas, United States in the 1st quarter 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1301640/austin-texas-office-square-footage-rent-by-submarket/
Avison Young. "Annual Office Rent per Square Foot in Different Submarkets in Austin, Texas, United States in The 1st Quarter 2023 (in U.S. Dollars)." Statista, Statista Inc., 11 Apr 2023, https://www.statista.com/statistics/1301640/austin-texas-office-square-footage-rent-by-submarket/
Avison Young, Annual office rent per square foot in different submarkets in Austin, Texas, United States in the 1st quarter 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1301640/austin-texas-office-square-footage-rent-by-submarket/ (last visited July 22, 2024)
Annual office rent per square foot in different submarkets in Austin, Texas, United States in the 1st quarter 2023 (in U.S. dollars) [Graph], Avison Young, April 11, 2023. [Online]. Available: https://www.statista.com/statistics/1301640/austin-texas-office-square-footage-rent-by-submarket/