Trying to find the ideal executive office suite or commercial office space in Austin, TX can be a time consuming and frustrating process. The current economic times in which we live has made for a tougher business climate and has made it necessary for all companies (or individuals like investment advisors, doctor’s, advertising representatives, etc) to find the ideal commercial office spaces with the most value. Officespaceheaven.com offers a free service and has a proven track record to help any sized business be successful with their search for commercial office space. The great city of Austin, Texas is the capital of the great Lone Star State. The city has been touted as the fourth largest city in Texas and the 15h largest in the United States. It has also been said that Austin is the third fastest growing large city in the nation 6 years running. Austin’s population is roughly 757,688 at its core and upwards of 1,705,075 in the metropolitan areas. Austin, Texas is a rich vibrant city, full of opportunities to live, grow and work. Austin is also a great place to start a business, house a business or find real estate options for all purposes. Other areas we service in the local Austin, Tx area are Congress, Oak Hill, Round Rock, San Marcos, Westlake and Arboretum. We also offer office space in Dallas Houston and New Orleans.
For people looking for new commercial developments, the city has been putting a lot of effort to attract a more diverse array of people to call Austin home.
There are many real estate properties available for commercial and personal use. Office space is also available throughout the city at a rate of around $579 a month for 180 square feet with full amenities and around $1 a square foot for 1,000 square feet and above in great locations with retail storefront vacancies adjacent. Rental rates can vary depending on the floorplan size and exact location of the building. Executive suites, retail buildings, temporary offices and fully furnished suites make up Austin office space. In a recent survey, vacancy rates rose to nearly 9.2% in the Austin Texas area, showing that there has been a large decrease in commercial rentals. This “renter’s market” has made it possible for tenants to be more selective and to negotiate lease agreements and prices. In other words, it is an opportune time to lease Austin office space. For more information see our office space articles.
Austin is a hot bed for high technology. Many companies in the area are technology based and outside of the Silicon Valley, Austin boasts one of the largest concentrations of technology companies in the world. As a result, Austin features a wealth of opportunities for people looking to advance their career in tech. Some of the companies that call Austin home include, 3M, Apple Inc, Hewlett-Packard, Google, AMD, Applied Materials, Cirrus Logic, Cisco Systems, eBay/Paypal, Hoover’s, Intel Corporation, National Instruments, Samsung Group, and Sun Microsystems. Aside from the technology companies, Austin has had a major boom in biotechnology and pharmaceuticals. 85% of the companies from those industries are located in Austin and the city was recently ranked as the #12 city for biotech and life science. With a vast array of career paths in the area, it is a bit interesting to note that unemployment in the city was most recently at around 8.1% and has started to level off. With so many well educated people looking for work, relocating a business to the Austin area makes great sense. There has been no better time to lease Austin office space.
Crime rate in the area has been steadily declining and is not a large factor. Austin has been given many awards like, “The Most Livable City” by Money Magazine and crime rate is one of the ranking criteria.
The main airport in the city is Austin-Bergstrom International Airport. The airport is located 5 miles southeast of the central business district of Austin and is used for international and regional flights. The airport services nearly 10 million passengers a year and has been a major destination point when entering the city. There are many shuttles and public transportation options for those looking to head to the main city and a University of Texas shuttle leaves from the airport to help students get back to their studies.
If you are looking to lease office space in Austin please visit our site. We offer a free service and provide listings and pictures of all types of Austin office space. Inquire with us today before trying to lease Austin office space. We’ll find the commercial suite your company is looking for.