Saturday, October 21, 2006

8 buildings in Met Center sold - Austin Business Journal

The commercial real estate market in Austin is indeed crazy right now. I've been looking for additional space for my mid-sized company for about three months, and the rents are about 30% higher than we expected:

'It's no secret that Austin is one of the strongest commercial real estate markets in the country right now,' says Robert Giusti, a real estate analyst with Triple Net Properties. 'The local economy has strengthened and citywide vacancy rates are the lowest they have been in the last five years.'

Link: 8 buildings in Met Center sold - Austin Business Journal:

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