Office market recovery continues for the Domain, Austin’s 'second downtown'

The Domain’s office market continues to follow a different track than much of the broader Austin, Texas, office market. The area’s Class A vacancy rate has declined a full seven percentage points over the past year to 12.2%, roughly half the marketwide office vacancy. Continued demand for space hinges on several key factors, including the availability of high-quality space, abundant nearby amenities and a high-profile tenant mix.