Austin Texas is a hotbed of activity, and I am not just talking about the temperature, which averages near 100 degrees Fahrenheit during the summer months and 300 days of annual sunshine. No, Austin is also a cultural mecca, host to amazing music festivals that showcase bands from all over the world, home to several worldwide corporations (including more than 100 pharmaceutical and biotech companies), and did I mention the best food trucks south of the Mississippi? As such, 19 million visitors bring in $3.5 billion to the capital of Texas each and every year.
Not only is Austin good for fun, but as previously mentioned, it is good for business, too. In fact, in 2012, the capital was named as the best city for small businesses in the South, and also ranks second in population and private sector growth in the South. Subsequently, there has been a surge in demand for Austin commercial real estate and Austin office space for lease.
The average cost Austin office space is roughly $165 per square foot. A lot of this has to do with location, location, and you guessed it, location. Regardless, as of May 2011, downtown Austin had nearly 2 million square feet of available retail space and office space Austin TX, which means there is a lot of Austin office space real estate to navigate. This leads many business owners to enlist the help of professional rental advisors like Austin Tenant Advisors www.austintenantadvisors.com to help them research and locate affordable commercial real estate austin options.
A professional office rental advisor does more than locate vacant Austin office space. Experienced office rental advisors also negotiate for their clients to help them procure the best and most economically sound Austin office space rental agreement, renewal, or commercial purchase for their short or long term business needs.
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