Texas + Austin + Office | April 30, 2021

BentallGreenOak Opens a new office in Austin Texas and has named Mike Leifeste as the head of Texas Coverage

Austin to Nab Fourth Most Active Office Market Spot

Austin is in a new class of office market defined by strong in-migration from other metros and robust investment from tech and finance companies. It is expected to be the fourth most active office market in terms of construction in 2021, with 4.75 million square feet of office space scheduled for delivery this year, according to CommercialCafe’s recently released 2021 Office Pipeline Report. When considering all office building construction, regardless of projected completion dates, this number jumps to 7.8 million square feet.

The 708,438-square-foot Indeed Tower is the biggest project to be delivered in Austin this year. Meanwhile, the biggest office project scheduled for completion in 2021 in Texas is the 1.1 million-square-foot Texas Tower in Houston.

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About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.