Over the past decade, the Commercial Real Estate Austin market has flourished due to the many advantages Austin provides business such as its intellectual and entrepreneurial pool of talent, low cost and ease of doing business, and overall cost of living. To accomodate local businesses, whether small to medium size or large corporations, the Austin commercial real estate market has developed a healthly inventory of over over 78,000,000 sf of office space, 72,000,000 of retail, and 82,000,000 sf of industrial/warehouse space. In addition, medical office properties continue to garner investment demand as the healthcare industry needs in Austin continue to grow. Much of this commercial real estate development in Austin has occured over the past decade so companies can be assured that most properties are modern, attractive, and readily available in a variety of suburban and downtown areas.