Norwood Tower, Austin, TX 78701 - Office Space for rent
Norwood Tower is located at 114 West 7th Street in the Downtown Austin neighborhood, TX, Austin, 78701. The Class A Office building was completed in 1929 and features a total of 143,688 Sqft. There are 11 Office spaces available for lease at 114 West 7th Street, Austin, TX, 78701, totaling 49,785 Sqft. The largest space available has 14,463 Sqft and a rental rate of $29/Sqft/Year.
There are 380 office spaces for lease in the Downtown Austin neighborhood, totaling 5,366,154 Sqft of available office space. The office space availability for the 78701 zip code is 5,366,154 Sqft, in 380 office spaces. The average asking office rent per sq. ft. in Downtown Austin is $34.52/sqft/year. For Class A+ office buildings the average office rate is $36/sqft/year, for Class A office buildings the average office rate is $35.59/sqft/year, for Class B office buildings the average office rate is $32.75/sqft/year, for Class C office buildings the average office rate is $33.5/sqft/year.
In Downtown Austin, there are 52 class A office buildings. In Downtown Austin, there are a total of 12 LEED certified office buildings. In 1929, the same year Norwood Tower was built, 45 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Austin, featuring 143,688 square feet of commercial space. At zip code level, there are 81 commercial properties, of which 79 are office buildings over 50,000 square feet.