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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. |
 Thomas N. Thurlow and Associates We first allowed Bryan Bell to renegotiate for more time on our present office lease. He later assisted in an expansion and another renewal. He most recently aided in the search and negotiation for office space in Denver. One of our attorneys had found a space and I dispatched Bryan to negotiate a fair price. While in Denver, he found more suitable space and a much lower rate (sublease) which ultimately saved forty five (45) percent on our lease rate.
- Thomas N. Thurlow, Managing Partner Read More Testimonials >> 
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