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austin sublease: Our Sublease Report - 03/02/09 12:04 AM
Buls Hodge Consulting is the only firm (that I'm aware of anyway) in the Austin area that is gathering the information on subleases and publishing a report about commercial sublease space. The report is available through our website, and some of the most salient points are posted on our website blog which can be seen here. Check it out and see what you think! Be sure to be on the lookout for the latest sublease statistics this week.
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austin sublease: Commercial Sublease Statistics for Austin - 01/04/09 04:08 PM
The following sublease statistics are as of the end of the year (12/31). What we've noticed in the last quarter is an increase in the amount of office sublease space by approximately 10%. Interestingly enough, we have seen a very slight increase in average asking rates for Class A, B, and C properties. These increases don't seem to be statistically significant, although you would think that given the increase in total available sublease space, there would be downward pressure in asking rates. Given the data, I would predict that asking rates will come down in the near future. Total Sublease Space … (0 comments)
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austin sublease: Why It's So Busy - 12/10/08 02:35 PM
Let's face it, even in a weak market, businesses still need space. Sometimes it's a laid off worker that has a new great idea, and they are at the stage where they need office or warehouse. Sometimes it's a business that needs to downsize, so they want to sublease their existing space and find something smaller, and sometimes (believe it or not) a company actually benefits from a weaker economy and they need to expand.
I've posted in the past about Executive Suites, and their benefits. Well, I credit the executive suites that I list with keeping my phone ringing. Tons … (0 comments)
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austin sublease: Available Commercial Property Subleases in Austin (Office & Industrial) - 12/01/08 04:26 PM
Below is a non-exhaustive list of office subleases in the Austin area. For additional information on these space, please call Patrick today at 832.659.5076.
I'd also like to mention that the amount of subleases available in the Austin commercial market have exploded over the past few months. There are truly some great deals out there for tenants looking to lease space.
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austin sublease: Commercial Slowdown - What To Do About It - 10/27/08 09:37 PM
As I have posted time and again (though not in a few months), Central Texas has been very lucky in how the economy has fared in relation to other parts of the country. That said, I've also posted time and again about how the growth in available sublease space and new office space are precursors to lower lease rates in the Austin area.
Has it happened, yes. Rates and sales prices have definitely come down. Subleases continue to become more prevalent. Landlords and building owners are having to settle for less, or offer more incentives. Is it because the economy … (0 comments)
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austin sublease: Back to Austin and Real Estate - 08/08/08 09:46 PM
Not that I expect anyone to have noticed, but I haven't been doing too much blogging of late. I've been doing some work in New York since May, and have been passively working some commercial deals back home, but have had most of my attention focused here.
Fortunately, I make the trek back home tomorrow, and boy am I ready to have some great BBQ and Mexican food. With all that said, I thought I'd make some general comments on real estate, the economy, and some things for the future.
Real Estate
It always seems that as soon as … (0 comments)
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austin sublease: The Sublease Report - Revived - 07/27/08 10:09 PM
The Sublease Report is Back
Our firm has revived its popular sublease report from a few years ago. The report asks all the brokers in Austin to fill out information on their subleases which we compile and run some analysis on. As of now, the report is still preliminary, and we are targeting a more complete report to be ready at the end of this week. I thought, however, it might be helpful to share some of the more salient points with our audience. As I mentioned in previous blogs, sublease data can be very telling of the broader market trends.
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austin sublease: Austin Commercial Subleases - 04/11/08 04:57 PM
Hello All,
I hope everyone is having a fantastic Friday and is ready to jump into the weekend. I know I am, as allergies have been kicking my butt this week, I need some R&R.
I thought that today I would post an example of how subleases can be such great deals. In order to maximize effectiveness, I'll show you some numbers that are appropriate for comparisons. These numbers represent the averages in the market as of the 1st quarter.
Class A Office
CBD - $35+NW - $29SW - $32Class B Office
CBD - $24NW - $25SW - $25Class A Subleases
CBD3,388 SF Near Capitol for … (6 comments)
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Patrick Foley
Houston,
TX
More about me…
Address: 3115 Fairdale Oaks East, Houston, TX, 77057
Office Phone: (832) 659-5076
Cell Phone: (832) 659-5076
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This blog talks about flat fee MLS, real estate in Houston and across the US, and just other general topics.
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