Well, as with many things about Austin, that has changed. Sublease space has broken the 2.5 million-sf mark, according to the latest numbers from Buls/Hodge Consulting. "It's been trending upward every two weeks," Mike Buls tells GlobeSt.com.
The bad actor remains the high-tech haven of the northwest sector, which accounts for 68% of the vacant sublease space. That's up from 62% two weeks ago.
"If you look at the rest of the markets as a comparison, they have fairly much stabilized," he says. "No big jumps, not a lot of new things added and some have even started to go down."
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