On average, listings lease in the $30's per square foot per year. The Greystone Center submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 24% increase in rent.
Compared to the rest of the Greater Austin market, the Greystone Center submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,420 sqft.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Greystone Center occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.