Austin’s office market is drawing greater attention to mixed-use redevelopment as elevated vacancy affects traditional office properties. Office vacancy stood at about 25.8% in the second quarter, while the market recorded modest positive absorption and a substantially smaller construction pipeline. Key Takeaways Austin’s office vacancy stood at about 25.8% in the second quarter Nearly 14 million square feet of new office space entered the market from 2020 through 2025 Austin recorded 64,525 square feet of positive office net absorption in the second quarter The office construction pipeline declined to about 1.7 million square feet Mixed-use redevelopment is being considered for properties facing elevated office vacancy Austin Office Vacancy Remains Elevated Austin’s office vacancy rate reached about 25.8% in the second quarter, according to JLL data cited in the report. The figure represents the share of office inventory that remained unoccupied across the market. The vacancy level is influencing how developers
CoStar’s August 2026 data showed divergent movements across U.S. commercial property segments, with general commercial prices rising while investment-grade values declined. The report also projected
Home Shopper Interest rose 21.4% year over year in the second quarter of 2026, reaching 4.8 engaged shoppers per U.S. listing on Zillow. The increase
Eli Lilly has begun construction on a $6.5 billion pharmaceutical manufacturing facility in Houston’s Generation Park. The project will occupy 236 acres and include at
The average U.S. 30-year fixed mortgage rate reached 6.95% for the week ending September 17, according to Freddie Mac, up from 6.76% a week earlier.
U.S. commercial property developers and owners are facing higher construction and operating expenses after nonresidential construction inputs rose 8.9% year over year in August. Multifamily
U.S. apartment investment volume fell 16% year over year to $12.4 billion in July, according to MSCI data, with garden apartment transactions declining more sharply
Montgomery County has authorized up to $420 million in tax increment financing bonds for MCB Real Estate’s VIVA White Oak development, clearing a major infrastructure
Titan Real Estate Development has begun construction on Park Square Yonkers, a $185 million mixed-use project at 1 Loehr Place in Yonkers, New York. The
Housing affordability weakened across the United States in the second quarter, according to the NAHB/Wells Fargo Cost of Housing Index. Higher mortgage rates and rising
Data center real estate demand is expanding beyond specialized facilities as construction activity increases across the United States. CoStar reported that data center-adjacent occupiers accounted
The National Association of Realtors has introduced a quarterly Commercial Real Estate Demand Index covering 306 U.S. metropolitan areas. The index measures local employment, population
Portman has secured construction financing for Gateway 1960, a 714,233-square-foot speculative industrial campus in Houston. The project will include three warehouse facilities at North Houston
New York City’s Second-Home Tax is adding a new annual cost for certain high-value residences beginning with the 2026-27 property-tax year. With roughly 17,000 owners
The former Pinarama Bowling Center in South Tampa has been sold for $3.2 million to Indraplace Tampa LLC. The transaction transfers ownership of the longtime
A Rodeway Inn property in Sun City Center has been sold for $6.5 million, marking a commercial real estate transaction that exceeded its 2018 sale
A new CNBC housing market survey found that more U.S. real estate agents are describing their local markets as balanced rather than favoring sellers. The
Office REIT funds are receiving renewed attention from market observers as investors evaluate commercial real estate investment trusts beyond the fast-growing data center segment. Recent
U.S. commercial and multifamily mortgage debt increased by $42.9 billion in the second quarter of 2026, bringing the total outstanding balance to approximately $5.1 trillion, according to the Mortgage
U.S. homebuilder sentiment declined in September as higher mortgage rates weighed on sales conditions and buyer traffic. The National Association of Home Builders/Wells Fargo Housing Market Index fell three
U.S. homebuilding costs increased by a median 6.7% over the past 12 months, according to results from the July 2026 NAHB/Wells Fargo Housing Market Index survey, but the increase
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