Commercial Real Estate Blog, Tips & Trends, News

Business Overhead Costs Too High? Consider an Audit

In the never-ending quest to stay competitive, small businesses must keep their business overhead costs under control. One area often overlooked where many businesses could find cost savings is their utilities. An audit of utilities – including telecom invoicing, freight charges and property taxes – can potentially save a large percentage of current operational expenditures. What is […]

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Evaluating Your Office Space Options: Don’t Wait Until It’s Too Late

One of the biggest mistakes I see tenants make is waiting until it’s too late to start the process of determining whether or not they want to renew their existing lease or relocate their office altogether. The process of choosing a space can be time consuming and difficult and because many tenants wait until it’s too close

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Small Business Development Centers (SBDC) – Free Resources & Advice

Thinking of starting your own small business or just need access to small business resources and advice? Small Business Development Centers (SBDCs) typically offer FREE advice, resources, consulting, and plans. Are you taking advantage of that? They assist small businesses and entrepreneurs with a variety of resources and services covering every stage from startup to business planning

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What Kind Of Commercial Space Do You Need?

When looking for the perfect commercial space it’s important to focus on your business needs. Obviously rent, location, and space size are important considerations however there is more to it than that. Other factors you need to consider are available parking, nearby competition or complementary businesses, building image, expansion options, etc.. Office Space If you are strictly an

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Extraterritorial Jurisdiction (ETJ) – Is It Constitutional?

Extraterritorial Jurisdiction (ETJ), as it refers to cities, is the legal capability of a municipality to exercise authority beyond the boundaries of its incorporated area. In the US, Texas is one of the states that by law allow cities to claim ETJ to contiguous land beyond their city limits. In Texas, cities with populations over

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Mueller Central Austin – Responsible Urban Development

In 1936 Robert Mueller Municipal Airport (RMMA) began commercial service, serving Austin for over 60 years until it closed in 1999. As early as 1971, community leaders began to explore possibilities for a regional air facility serving both Austin and San Antonio. In 1976, the City of Austin set its sights on Bergstrom Air Force

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Coworking Spaces – Workplaces of the Future?

In this age of broadband connectivity telecommuting has grown in popularity but now a new style of work is emerging as a more productive alternative. Coworking spaces share a common working environment, such as an office, and usually those who participate are not employed by the same company. Coworking solves the conundrum of working in isolation

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Austin Warehouse Space Update – Fourth Quarter 2012

Continuing a trend seen in recent quarters, industrial vacancy rates hover at around 10%. Asking average rental rates began the quarter at $6.72 per square foot per year, showing a slight decrease from the previous quarter. Austin’s warehouse space vacancy rates have been slightly higher than the national average during the past two years. On

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Austin Tx Retail Space Update – Fourth Quarter 2012

Showing continued vigor, Austin Tx retail space vacancy rates in the Austin Metropolitan Statistical Area (MSA) remain at around 5%. This continues a trend seen over the past few quarters. While asking rental rates remain constant in comparison with the prior quarter, they are up from levels seen in 2011. Retail Lease Rates The Austin

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Leasing Office Space in Austin Tx Isn’t Right For Everyone

For a lot of companies leasing office space in Austin Tx is a necessity, however there are a lot of situations in which it would not make sense to lease space. If you are a big company with a few hundred employees and the projects you work on require a lot of team work then

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