Austin office sales are climbing as buyers capitalize on discounted pricing and position for a long-term rebound.

Key takeaways from CoStar Analytics (Dec 22, 2025):

• Office sales volume over the past year doubled year-over-year, reaching roughly $2B

• Steep discounts from 2021 pricing are attracting investors and owner-occupiers

• Non-stabilized properties (<85% occupancy) trading at ~60% lower values

• Private buyers accounted for nearly half of total sales

• Owner-occupier share rose to ~20% of activity

📌 Takeaway: With pricing far below replacement cost and fundamentals stabilizing, buyers are betting on a future rebound even as leasing activity remains soft.

Source: CoStar Analytics – Austin, Texas, office sales climb as buyers bet on long-term demand rebound