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December 2008
State of the Central Texas Commercial Real Estate Market
The Central Texas office market ended the third quarter of 2008 with a vacancy rate of approximately of 12.6 percent versus 11.6 percent at the end of the second quarter.
Nationally, office vacancy rates are running a little under 12 percent, meaning Austin is approximately 0.6 to 0.7 percent higher than the national average. Subleases are on the upswing.
 

Baylor College – Amphioxus Cell Technologies
We were looking for office / laboratory space in the Texas Medical Center area when we met Bryan Bell. He came up with an option to allow a new vision of what we were looking for in new market areas. This option allowed us to establish our research in an area at more than “ONE HALF” the cost of Medical Center space. We strongly recommend him to others who need professional assistance.
- Dr. James Kelly, President

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