Quote:
Originally Posted by Hill Country
Google could still end up moving into Green Water (or some other new office tower). It sounds like they are just signing short term leases at various locations to warehouse employees until the right project comes along for a long term lease.
Facebook is also apparently growing their operations in Austin fairly quickly. Does anyone know if they are in need of space or if their current home at 300 W. 6th is big enough?
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Unlike Google, Facebook is not 'actively' in the commercial real estate market looking for space at the moment. However, that doesn't mean they aren't looking - just means they're not being public about it. Developers are having lots of off-market (aka confidential) discussions with growing companies that could be prospective tenants right now. They are chasing deals so they can get some preleasing, commitments or at least show that there is interest in order to secure financing. It's a hot market out there.
