This article is updated annually and was last updated in October 2023.
One of the first steps to understanding the Austin commercial real estate market is to understand the Austin office submarkets. While there are nine different office submarkets in Austin, the four primary submarkets are the most important to understand.
In this article, we cover Austin’s four primary submarkets:
- Austin’s CBD
- Austin’s Eastside
- Northwest Austin
- Southwest Austin
Austin’s Central Business District (CBD)
Austin’s CBD is the heart of the Austin office scene, spanning from Lady Bird Lake north to 12th Street, from IH-35 east to Lamar. It’s also a cultural hub, home to iconic events such as South by Southwest and the Pecan Street Festival.
It’s where you’ll find the Austin offices of tech giants like Facebook and Dropbox, and headquarters of Austin – based firms such as RetailMeNot and Capital Factory. The proximity to the Texas State Capitol also makes it home to many of the city’s major law firms and governmental agencies.
Office, residential and hospitality developments are abundant, as shown by the multitude of cranes that now seem to be a hallmark of the Austin skyline.
Watch Next: Austin’s Office Market: Central Business District (CBD)
Large Projects in the CBD
| Project Name | Total Net Rentable Area (SF) |
| Indeed Tower | 733,000 |
| Frost Bank Tower | 535,078 |
| One Eleven Congress | 518,385 |
| 600 Congress Ave. | 503,951 |
| 500 W 2nd St | 500,511 |
| 300 West Sixth | 454,225 |
| 301 Congress | 436,855 |
| 816 Congress | 433,024 |
| 100 Congress | 419,785 |
| San Jacinto Center | 398,660 |
Large Office Occupiers in Austin’s CBD
| Company | Square Feet Occupied |
| 1,046,424 | |
| 449,565 | |
| Indeed | 307,771 |
| Cirrus Logic | 256,273 |
| The University of Texas System | 241,371 |
| Whole Foods Market | 188,111 |
| TikTok | 149,346 |
| Silicon Labs | 147,000 |
| AT&T Wireless | 144,000 |
| GSD&M | 115,464 |
Average Age in Austin’s CBD
Level of Education
Household Income
Marital Status
Read Next: Your Guide to Downtown Austin’s 8 Neighborhoods
Austin’s Eastside
The Eastside is located on the outskirts of downtown and is home to a growing array of office, retail, and multi-family developments. It’s also known for its trendy local restaurants, lively nightlife scene, and lower-cost living compared to the downtown area.
Instead of high rises and large corporate campuses, the Eastside features unique converted warehouses and new mid-rise, mixed-use construction. Many of these are “creative office” projects that fit the hip style of the area.
The Eastside Submarket is expected to continue growing and changing in the future which makes now a great time to get in the market.
Watch Next: Austin’s Office Market: The Eastside
Large Projects in East Austin
| Project Name | Total Net Rentable Area (SF) |
| Foundry I &II | 243,196 |
| Eastbound | 233,577 |
| 5th + Tillery | 182,716 |
| 979 Springdale | 174,802 |
| 1023 Springdale Rd | 165,000 |
| Centro – Northern | 164,140 |
| Offices At Saltillo | 150,000 |
| Eastlake at Tillery Bldgs. 1 & 2 | 135,870 |
| 1801 E 6th | 134,368 |
| 901 E 6th | 129,444 |
Large Office Occupiers in East Austin
| Company | Square Feet Occupied |
| Atlassian | 157,540 |
| 150,000 | |
| Cloudflare | 124,393 |
| Zebra Insurance | 120,627 |
| Peak 6 | 114,417 |
| Skyworks | 96,467 |
| H-E-B/Favor | 81,660 |
| Relay Coworking | 50,828 |
| Capital Metro | 44,607 |
| Canva | 36,392 |
Average Age in East Austin
Level of Education
Household Income
Marital Status
Austin’s Northwest Submarket
The Northwest submarket is home to spacious office parks that anchor major technology companies such as Apple and National Instruments (now NI), making this area a hub for innovation and creativity.
Residents relax at low-key entertainment venues like TopGolf and shop at Austin’s major retail centers like the Domain and Arboretum. These retail centers cater to Austin’s large family population and feature popular national brands such as Restoration Hardware, Whole Foods, and Nordstrom. The Domain Northside is home to Rock Rose Avenue, an area of the Domain lined with restaurants, bars, and shops.
The continued emergence of trendy, unique places to shop and play will undoubtedly draw more residents— and dollars—to the Northwest.
Watch Next: Austin’s Office Market: The Northwest Submarket
Large Projects in Northwest Austin
| Project Name | Total Net Rentable Area (SF) |
| Domain 1 – 5 & 7 – 12 | 2,215,549 |
| Broadmoor Bldgs.1 – 8 | 1,118,199 |
| 7700 Parmer A,B,C,D | 911,574 |
| Research Park Plaza I – V | 815,796 |
| National Instruments A – C | 752,000 |
| Riata Corporate Park Bldg 2 – 9 | 688,143 |
| Amber Oaks A – J | 644,334 |
| River Place Corporate Park I – VII | 590,882 |
| 8900 Amberglen Blvd | 467,165 |
| Austin Oaks Bldgs. 1 – 12 | 446,085 |
Large Office Occupiers in Northwest Austin
| Company | Square Feet Occupied |
| Apple | 2,455,889 |
| IBM | 1,379,336 |
| Flextronics | 907,891 |
| NI (National Instruments) | 752,000 |
| Vrbo | 607,630 |
| Amazon | 581,508 |
| Visa | 535,557 |
| Indeed | 493,794 |
| Meta | 422,458 |
| Q2 | 257,980 |
Average Age
Level of Education
Household Income
Marital Status
Austin’s Southwest Submarket
The Southwest submarket is comprised of office campuses nestled into the rolling landscape of the Texas Hill Country. It offers close proximity to the upscale, family-oriented neighborhoods of Westlake, Lakeway, and Rollingwood – where you’ll find Austin’s elite living and playing golf.
The household wealth within this submarket facilitates the growth of local, high-end retail and restaurants and the exemplary ratings of Eanes ISD and Lake Travis ISD. Similar to the Northwest submarket, technology firms such as Intel, AMD, and Accenture hold a strong presence in the Southwest submarket.
Large Projects in Southwest Austin
| Project Name | Total Net Rentable Area (SF) |
| The Summit at Lantana Bldgs. 1 – 5 | 844,240 |
| Barton Skyway I – IV | 786,845 |
| The Terrace 1,2, 6, & 7 | 618,812 |
| Barton Oaks Plaza I – V | 553,473 |
| Las Cimas I – IV | 536,283 |
| Temple-Inland | 388,430 |
| Rollingwood Center I, II, & III | 383,400 |
| Dimensional Place I & II | 367,000 |
| Encino Trace I & II | 319,743 |
| Uplands Corporate Center Phase I & II | 291,450 |
| Cielo Center I, II, & III | 286,106 |
Large Office Occupiers in Southwest Austin
| Company | Square Feet Occupied |
| NXP Semiconductors | 2,435,810 |
| Advanced Micro Devices | 562,508 |
| Intel Corporation | 388,430 |
| SolarWinds | 299,792 |
| Abbott Labs | 224,069 |
| Apple | 216,511 |
| Dimensional Fund Advisors | 210,000 |
| Yeti Coolers | 168,418 |
| Farm Credit Bank of Texas | 111,549 |
| Samsung | 101,507 |
Average Age
Level of Education
Household Income
Marital Status
To learn more about Austin’s major submarkets read the articles below:
- East Austin Developments (Under Construction and Proposed)
- Downtown Austin Towers and Developments (Under Construction and Proposed)
- Your Guide to Downtown Austin’s 8 Neighborhoods
- The Domain in Austin, Texas: An Insider’s Guide to Austin’s Second Downtown
