Intelligence

Commercial Real Estate Market Information

The Coldwell Banker Commercial brand has commercial real estate market statistics to help you find out specifics about your local commercial real estate market. Whether you are looking for market trends or information on commercial real estate market size, we have the market reports you need. Get the information you need to make informed commercial real estate decisions by checking out our commercial real estate market reports. If you did not find the commercial real estate market information you were looking for contact us today!

Coldwell Banker Commercial® Reports

Opportunity Zones & Taxes

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

CBC Blue Book

CBC Blue Book

The CBC organization is proud to present its 2018 Year-End Blue Book!

The Blue Book is a helpful market report with information brought to you by the true “on the ground” experts – the professionals of the CBC organization from all over the world.

Market Report: Retail Repurposing

Market Report: Retail Repurposing

Up to 80 percent of Americans do at least some shopping online. As Americans shift the way they shop, retailers that have not adapted to the changing environment are closing their doors, with the list of failing brand names growing each year.

Market Report: Student Housing

Market Report: Student Housing

Healthy demand and numerous shifts in student housing trends have transformed the property sector. Once overlooked by investors for fear of poorly maintained properties and high turnover, this asset class has become resilient, boasting handsome returns.

Regional Summaries

Select a state to view available market snapshots

Austin, TX

Apartment
The 210,123-unit market-rate investment grade metro Austin apartment market continued to surge in the second quarter of 2019, with net absorption now at 2,150 units over half a year and new supply at 2,769. The vacancy rate is up 20 basis points over six months but down 40 year-over-year to 5.9%. Rent gains remain large. The average asking rent was up 1.7% over the quarter to $1,264 per month, with the average effective rent up 1.8%, to $1,184 per month. The year-over-year gains are 5.0% and 5.2%, respectively. VIEW APARTMENT LISTINGS >
Industrial
The vacancy rate increased to 12.1% in the first quarter of 2019 in the 17-million-square-foot Austin Flex/R&D market thanks to 687,000 square feet of new supply but fell back to 11.3% in the second quarter thanks to 139,000 square feet of net absorption. The vacancy rate is still up 230 basis points year-over-year, and net absorption totals 295,000 square feet over a half year. The average asking rent is $10.26 psf, up 0.7% during the quarter, and the average effective rent is $9.16 psf, up 0.8%. The year-over-year gains are 2.1% and 2.0%, respectively. The 36.8-million-square-foot warehouse/distribution market is active, with 373,000 square feet of new space added and 356,000 square feet of net absorption for the first half of 2019. The second quarter vacancy rate is 10.0%, unchanged for the period and up 30 basis points year-over-year. The average asking rent was up 0.4% over the quarter to $7.52 psf, with the average effective rent up 0.3% to $6.71 psf. The year-over-year gains are 1.3% and 1.4%, respectively. VIEW INDUSTRIAL LISTINGS >
Office
Metro Austin's 48.9-million-square-foot general purpose, multi-tenant office market remains active and balanced, as the 400,000-square feet of new space that completed construction in the first half of 2019 was met by 422,000 square feet of net absorption. The second quarter 2019 vacancy rate is 13.4%, down 20 basis points for the quarter but up 60 year-over-year, due to booming new supply. Rent gains are strong. Both the average asking rent and the average effective rent were up 1.2% during the second quarter, to $33.00 psf and $26.85 psf, respectively. The year-over-year gains are 4.2% asking and 4.4% effective. VIEW OFFICE LISTINGS >
Retail
The 22.1-million-square-foot Austin community-neighborhood shopping center market was quiet in the first half of 2019, with just 10,000 square feet of new space added and net absorption at minus 110,000 square feet. The mid-year vacancy rate is 7.3%, the tenth-lowest among the top Reis markets but up 70 basis points year-over-year. The average asking rent is $24.50 psf as of second quarter, and the average effective rent is $22.29 psf, each up 0.1% for the quarter and up 3.1% year-over-year. VIEW RETAIL LISTINGS >

Source: Data provided by Reis, Inc. based on Market Summaries for the 85 Primary and Secondary Markets they cover.