Friday, June 6, 2014

Vacancy, Employment Up in Austin via Commercial Property Executive

The Silicon Hills nickname Austin received in the 1990s proves to still be a suitable one for the current times due to the technology firms that are continuously attracted to this area. This impacts a few market aspects, primarily employment, and subsequently construction, rent growth and new investments.

After a less impressive 2013, Austin rebounded to occupy the third position inForbes’ latest listing of the best cities for jobs. The area recorded growth of 4.1 percent in 2013; it reached a 13.7 percent growth rate between 2008 and 2013, ranked at no. 1 in 2012 and dipping down to no. 10 in 2013.

Read more...Vacancy, Employment Up in Austin | Commercial Property Executive

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.