Most listings are in the $30's per square foot per year. The River Place Centre submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 33% rise in rent.
Compared to the rest of the Greater Austin market, the River Place Centre submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 0 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the River Place Centre are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, 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 properties in this market are around 4 stories. Most buildings in this region 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 market. 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.