Austin, TX Office Space and Warehouse Properties for Lease or Sale
Best follow up for Commercial Real Estate since 2004
How do you know a commercial real estate broker can perform and provide you great service? Service is action, not words, wouldn’t you agree? Find Austin office properties for rent with a birds-eye view of what is going on with lease rates for commercial real estate in Austin. By tracking Austin office lease rates, we can provide our Clients with real time accurate information. The next step? Team up with Shire Commercial to provide You a list of offices for rent so that you can save a lot of time and hassle running around needlessly. Updated consistently to ensure our surveys are accurate for you to view. Contact us today to help you lease or sublease an office space.
If you are looking for Austin office space for lease, you are at the right website. Providing Clients results and finding Austin office space for lease since 2004 are the direct benefits of utilizing our leasing services. With Shire Commercial’s office space leasing services you can find value deals in Austin’s commercial real estate market. Offices less than 1,500 SF “may” a balance 2-3 yr term for us to to be able to help our clients. Regarding commercial rental rates, do not expect below market lease rates when vacancies are lower. Subleases change month to month and quarter to quarter. See the latest stats in our market news below on this page.
If you are looking for Austin warehouse space for lease, you are at the right website. Providing Clients with results and finding Austin warehouses for lease or purchase since 2004 are the direct benefits our clients receive with our services. With Shire Commercial’s warehouse expertise, you will find value deals in Austin’s commercial real estate market. Warehouse leasing starts at 3,500 SF and requires a minimum term of 3 years for us to to be able to help you. We do not work with start-ups any longer. Are you an existing business with a historical track record? Are you looking for the old-school approach, meaning reliability and follow-up? Then contact us today!
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Current Office Leasing and Sales News
Q3 Vacancy rates tick up for Office +2% , Warehouse vacancy increases to 18%
Q2 2025: Not much change, rents stay steady along with vacancy rates having little change. Subleasing has decreased 5%
End of year 2024: Office vacancies do not move significantly (flat) with increasing leasing rates and increased subleasing
Market Demand and Construction
Q3 2025: 3 straight quarters of negative office occupancy in 2025, lease rates see no real changes
Q4 2024: Stalled construction , forecast to continue in the near future into 2025
Subleasing activity down mostly due to lease expiration into Q4 2025
The Austin office property market continues to be down overall. We are seeing less sublease offices in specific sub-markets tracking 800-5,000SF. In today’s market desirable office spaces with lower lease rates from $1.30 psf per month to $1.50 are still available .
Commercial Office Property Vacancy -Absorption Overview
Negative absorption for 3 quarters
Warehouse News
Construction 6M square feet into Q4 2025
Positive absorption still active into Q4 2025
New development and lower occupancy drive vacancy rates higher
Lease rates improve by $0.07 (downward)
Smaller square footage office properties; may involve shorter lease terms in 2025. Rental rates in specific sub-markets have moved upward. Within the CBD sub-market; leasing rates are not moving downward; If a term is less than 3 yrs, there may or may not be a base rent increase. Not surprisingly, Sublease office availability is starting to scale downwards.
As a comparison, Office space in Austin overall i6 years ago was robust.
Austin’s higher end office towers continue to outperform the overall market in 2025.
Austin’s Industrial Warehouse Market has 45 consecutive quarters of positive occupancy into 2025. Higher-end warehouse properties are popular as opposed to Class B and C related warehouses.