Cresa Austin
515 Congress Avenue, Suite 1950
Austin, TX 78701
512.457.8820 tel
512.476.1798 fax
Email
Map/Directions

Contacts

Chris Marchbanks
Managing Principal
Email
512.716.8261 tel

Austin

  • Austin

    Total Market

    Supply
    73,446,289 SF
    Vacancy
    11.5%
    Absorption
    1,022,475 SF
    Avg. Lease Rate
    $30.45
  • Austin

    CBD Submarket

    Supply
    11,420,868 SF
    Vacancy
    10.5%
    Absorption
    86,819 SF
    Avg. Lease Rate
    $38.20
  • Austin

    Southwest Submarket

    Supply
    9,920,425 SF
    Vacancy
    8.7%
    Absorption
    242,078 SF
    Avg. Lease Rate
    $26.88
  • Austin

    Northwest Submarket

    Supply
    14,230,010 SF
    Vacancy
    12.4%
    Absorption
    163,313 SF
    Avg. Lease Rate
    $28.38
Cresa Austin was established in 1996.  We are part of the largest tenant representation only company in North America.  Our goal is to work as a real estate partner for our clients.  We focus on establishing strategic plans for corporate real estate requirements.  In addition to implementing plans to minimize occupancy costs and optimizing space utilization we are also adept at navigating changing market conditions.  Increasingly we are looking at ways real estate can play a role in increasing our clients’ revenue.

Austin has been near the top of the list of fastest growing cities over the last 20 years.  The economy is led by the technology sector due to the large presence of companies such as Dell, Intel, Apple, and Hewlett Packard.  Austin has weathered the economic downturn of 2008 and has been outperforming the national economy over the last few years.  Out city has become a very attractive location for corporate relocations and expansions.  Cresa Austin is well positioned to represent companies’ interest in office and industrial space.

People

Carson Barr Associate 512.716.8264
Andy Carlson Senior Advisor 512.716.8265
Jennifer Fahlsing Operations Manager 512.716.8251
Phillip Knudsen Marketing Manager 512.716.8254
Chris Marchbanks Managing Principal 512.716.8261
Stayton Wright Senior Advisor 512.716.8263

News

Success Stories

Client Location Sq. Footage
Accretech Austin  42,600 
King Tiger, Inc Austin  5,984 
XO Communications Austin, TX  74,663