Austin, TX Commercial Real Estate Market Overview
Part of the Austin-Round Rock metropolitan statistical area, Austin is situated at the center of two important north-south freeways — I-35 to the east and the Mopac Expressway to the west. The city is serviced by the Austin-Bergstrom International Airport, with public transportation relying primarily on bus lines operated by Capital Metropolitan Transportation Authority (Capital Metro). Bike-sharing services and a fleet of electric cabs are also available as alternatives to public transit.
Commercial real estate in Austin is occupied by a wide range of companies, from tech firms — such as Oracle, Nvidia and Samsung — to gaming industry names like BioWare, Blizzard Entertainment and Electronic Arts. Additionally, Fortune 500 companies like Amazon, Apple, Google, IBM and 3M have also established their presences in the city.
And, with thousands of graduates in engineering and computer science every year, the University of Texas at Austin nurtures a highly skilled talent pool for businesses looking to recruit local talent.