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United States | Austin, TX

Report | Austin Office Insight - Q3 2016

Summary

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Year-over-year rent growth in Austin is showing no signs of slowing anytime soon, with consistent demand and limited supply driving rate increases forward.

As of Q3 2016, the CBD, Northwest and Southwest submarkets remain the city's most popular areas for activity. We've found the trio combines to account for 70 percent of total market inventory.

Five speculative projects broke ground during Q3 that will eventually bring 430,000 square feet of new space across five submarkets.

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