Compared to the rest of the Greater Austin market, the River Place Centre region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 10 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the listings in the River Place Centre are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this area were built in 2000 and are Class A.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Most of the residents of River Place Centre work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in River Place Centre.
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