Report | Austin Tech Office Outlook - 2015
Austin's reputation on the national stage is a strong selling point for companies in tech sector, as they try to recruit the best tech talent from across the United States. In 2014, Austin had the second-highest annual U.S. growth rate for tech employment.
Tech companies looking for short-term flexibility in the market may be out of luck, however. Many area landlords are demanding five-year minimums—even pushing for seven to ten years—on commercial leases. And they have the leverage to do so, as contrary to common belief there are few "cool," non-traditional office options for tech tenants to choose from citywide.
Learn more about current market conditions across Austin—and how we expect them to shift in the coming months—specifically as they relate to the tech industry.
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