Austin a 'Rich Bidding Environment', According to Savills Studley
February 24, 2016


Austin’s office lease activity plummeted 15.2%, according to Savills Studley’s Q4 2015 report. But it's not from softness in the market. The firm attributes the drop to the metro's rich bidding environment and rising costs of doing business. Preemptive strikes on space and a dramatic upturn in off-market deals show that while space is very limited, it's still in very high demand. Because of this, Austin landlords are extending leasing flexibility to only the most creditworthy tenants...

Austin a 'Rich Bidding Environment', According to Savills Studley




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