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Austin nails ranking as one of nations top commercial real estate
Unless you’ve been living way off the grid the past couple of years, you’re fully aware that Austin ranks among the hottest residential real estate markets in the U.S. What you may not realize, though, is that it’s also among the country’s hottest commercial real estate markets.
In a recently released report, the National Association of Realtors identifies Austin as one of the top 10 commercial real estate markets in the U.S. San Antonio is the only other Texas market to appear on the unranked list.
Austin’s commercial real estate sector has benefited from an influx of companies, particularly in the tech industry, that are moving out of California.