Starwood starts dumping Austin office as vacancy looms large

Starwood Capital Group sells first Austin office property in $200M portfolio

The sale comes at a time when the office vacancy rate in the metro are exceptionally high. Still, some experts say office vacancy could be poised to decline. Included with this report is a list of commercial real estate brokerage firms in the metro.

Starwood starts dumping Austin office as vacancy looms large

The Miami Beach-based firm sold the Park on Barton Creek, the first property in a nearly $200 million Austin office portfolio it listed for sale.