The Central Business District (CBD) was the most expensive submarket for office real estate rental in Austin, Texas in the second quarter of 2024. The Class A office space rental rate was approximately 66.2 U.S. dollars per square feet, compared to 29.9 U.S. dollars per square foot in the South market. 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 2nd quarter 2024
(in U.S. dollars)
Characteristic
Annual asking rent in U.S. dollars per square foot
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Avison Young. (July 31, 2024). Annual office rent per square foot in different submarkets in Austin, Texas, United States in the 2nd quarter 2024 (in U.S. dollars) [Graph]. In Statista. Retrieved December 21, 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 2nd quarter 2024 (in U.S. dollars)." Chart. July 31, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1301640/austin-texas-office-square-footage-rent-by-submarket/
Avison Young. (2024). Annual office rent per square foot in different submarkets in Austin, Texas, United States in the 2nd quarter 2024 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 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 2nd Quarter 2024 (in U.S. Dollars)." Statista, Statista Inc., 31 Jul 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 2nd quarter 2024 (in U.S. dollars) Statista, https://www.statista.com/statistics/1301640/austin-texas-office-square-footage-rent-by-submarket/ (last visited December 21, 2024)
Annual office rent per square foot in different submarkets in Austin, Texas, United States in the 2nd quarter 2024 (in U.S. dollars) [Graph], Avison Young, July 31, 2024. [Online]. Available: https://www.statista.com/statistics/1301640/austin-texas-office-square-footage-rent-by-submarket/