Highland Office Space

Highland

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,010
As of: February 26, 2017

Highland Rates

Most listings are in the $20's per square foot per year. The Highland submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $43 per sqft per year. That's a 65% decline in rent.

Compared to the rest of the Greater Austin market, the Highland submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Highland Listing Supply

In the last 90 days, 3 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the listings in the Highland are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,010 sqft. Most buildings in this market are close to 5 floors. Most buildings in this region were built in 1982 and are Class B.

Highland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Highland occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Highland.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Highland.
Research