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Decline of Office Occupancy in Austin Signals Changing Needs

Decrease Over the Past Year Was One of the Steepest Among Major US Markets
By Israel Linares
CoStar Analytics
June 27, 2023 | 8:12 P.M.

Austin, Texas, saw the second-largest drop in office occupancy among the 50 largest office markets in the country over the past year as companies continue to reduce their footprints to cut down on expenditures and adapt to changing office needs.

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