February 27, 2018
The first quarter of 2018 has been a busy time here in Austin’s CRE world. One of our favorite events, the CORFAC 2018 Spring Conference, is coming up on February 28 – March 3.
And while we’re looking forward to connecting with the best and brightest international network of independently-owned and entrepreneurial brokerage firms that will be in attendance, we know that if we were visiting Austin we would want to sneak away and see at least some of the renowned activities and eats that Austin has to offer.
If you’re limited on time and can only indulge in the essentials, here’s RealMassive’s list of the top four activities you don’t want to miss out on while here in Austin:
- Take a Tour of Austin’s Breakfast Tacos: Juan in a Million, Taco Mex, Torchy’s, Tacodeli. If you’re having something else for breakfast while you’re here, you’re doing it wrong.
- Go bat-watching under Congress bridge around dusk. It’s a great way to savor the sunset and is just a few steps from Downtown and happens to be one of the most Instagram-worthy locales to make everyone back home jealous.
- Take a stroll down South Congress Avenue on a weekend morning/afternoon for brunch, cupcakes, unique boutique shop gazing, and more.
- For a casual night out, gander down Rainey Street for an array of eateries/food trucks, bars, and live music.
So, after you’ve checked off all the above and are now seriously considering moving here (trust us: everyone does), we expect you might want some data on the local market. With our platform that covers 388 million square feet of commercial space in the Austin Metroplex, we’re in a great position to help you out.
The average asking price right now for commercial properties in the Metroplex is $30.46/sq ft.
It’s $31.19/sq ft for Retail
It’s $31.47/sq ft for Office
It’s $27.29/sq ft for Industrial.
The average property size is currently 8,068 sq ft.
It’s 12,538 sq ft for Retail
It’s 5,247 sq ft for Office
It’s 7,310 sq ft for Industrial.
When you’re at CORFAC, visit us at our booth to say hi. We’ll give you the insider’s tip for the best breakfast tacos that we’re not willing to share publicly (you know, we locals have to keep some of our secrets).