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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.
 
Dancie Perugini Ware Public Relations
Your professional assistance allowed us to structure a lease providing us an environment for service to our clients. Our service-oriented business will continue to growth. Our continued success will surely call for your assistance in the near term.
- Ms. Laura Lee, Vice President

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