Austin Market Report
Austin commercial real estate market report — 35,795,100 SF tracked across 110 buildings, 171 sale comparables, 541 lease comparables and 114 loans with 44 maturing before 2029.
Fundamentals by property type
| Property type | Buildings | Inventory SF | Vacancy | Avg asking rent | Rent YoY | Avg cap rate | Avg $/SF |
|---|---|---|---|---|---|---|---|
| Industrial | 19 | 12,600,000 | 8.5% | $9.54 | 0.6% | 6.23% | $166 |
| Office | 39 | 11,697,100 | 21.8% | $44.75 | 3.5% | 8.12% | $221 |
| Multi-Family | 24 | 8,304,100 | 7.0% | $25.39 | 2.1% | 6.19% | $380 |
| Retail | 13 | 1,583,400 | 20.8% | $37.86 | 2.2% | 7.03% | $340 |
| Flex | 7 | 1,040,900 | 7.9% | $13.38 | 1.0% | 6.42% | $471 |
| Medical | 3 | 323,500 | 25.4% | $30.16 | 6.8% | 5.86% | $138 |
Recent sale comparables
| Date | Property | Type | Price | $/SF | Cap | Buyer |
|---|---|---|---|---|---|---|
| 2026-07-16 | 1302 Dallas Pkwy | Retail | $29.57M | $421.87 | 5.81% | Pemberton Capital |
| 2026-07-10 | 214 Stone Oak Pkwy | Retail | $9.56M | $113.80 | 8.60% | Lakeshore Realty Trust |
| 2026-06-21 | 558 Commerce St | Multi-Family | $72.35M | $167.32 | 5.68% | Oakridge Development |
| 2026-06-09 | 178 N Loop 1604 | Industrial | $66.43M | $74.88 | 7.40% | Ironwood Capital Partners |
| 2026-06-05 | 3331 Louisiana St | Flex | $26.45M | $180.51 | 6.89% | Vantage Point Capital |
| 2026-05-06 | 3666 Ocean Dr | Industrial | $13.59M | $89.12 | 4.82% | James River Properties |
| 2026-05-03 | 96 Cedar Springs Rd | Multi-Family | $38.2M | $142.60 | 8.80% | Gulf Coast Realty Partners |
| 2026-05-02 | 2515 Guadalupe St | Flex | $34.89M | $199.82 | 4.82% | Gulf Coast Realty Partners |
| 2026-04-08 | 2448 Fredericksburg Rd | Multi-Family | $133.81M | $282.83 | 7.21% | Zenith Real Estate |
| 2026-04-03 | 1884 Main St | Office | $18.71M | $159.74 | 7.32% | Everline Real Estate |
| 2026-03-10 | 302 Broadway St | Office | $105.2M | $193.71 | 6.14% | Westbrook Equities |
| 2026-02-28 | 96 Cedar Springs Rd | Multi-Family | $57.54M | $214.79 | 6.06% | Westbrook Equities |
Debt and rollover exposure
114 loans totalling $4.6B are tracked against Austin assets. 44 of them, representing $2.11B, mature before January 2029. Separately, 307 tracked leases covering 5,409,050 SF expire in the same window.
Weighted average coupon on tracked Austin debt is 5.48% with average loan-to-value of 60.6%. See how to read a maturity schedule for the refinancing-gap method.
110 commercial properties are tracked in Austin, representing 35,795,100 SF of rentable building area, of which 4,701,900 SF is currently marketed as available.
Asking rents average $35.62 per square foot per year, the median marketed suite is 27,300 SF, and listings have been on market a median of 414 days.
The stock splits 37 Class A, 50 Class B, 23 Class C, with construction dates from 1905 to 2024 (median 1966).
The most concentrated submarkets are Northwest (19), Southwest / Barton Creek (19), East Austin (16), Southeast / Del Valle (16), The Domain / North (15).
Methodology
Fundamentals are computed from RealStarGlobal's tracked inventory for Austin and re-cut on each build (2026-08-26). Sale and lease comparables are the tracked transaction set for assets in this market; loan records derive from recorded mortgages and tracked lender reporting. Property-level inventory in this demonstration dataset is RealStarGlobal sample data — live market activity, deal flow and news come from the Acquirepad CRE intelligence feed. Registry and GIS provenance per jurisdiction is set out in the data sourcing plan. Definitions follow the conventions described in why providers disagree about submarkets.