When most people hear Arboretum in Austin, their mind quickly goes to an image of the popular outdoor shopping mall. But Arboretum is more than an upscale place to keep up with the latest fashion trends. The Arboretum, Austin’s suburban area, is considered “new Austin.” Located in northwest Austin, the Arboretum neighborhood has a casual, relaxed feel. Filled with choice grocery stores, shops, fitness studios, and healthcare facilities, Arboretum is almost a city within a city.
Located at a busy transportation hub, The Arboretum is easily accessed from the Mopac Expressway, Highway 183, and and the North Capital of Texas Highway. Micro neighborhoods within Austin’s Arboretum district include: Gateway, Quarry, Balcones Woods, and Norwood Acres, among others.
Arboretum Office Space | Lease Data & Trends
Similar to Westlake-Hills and other Austin suburbs, commercial rent costs in Arboretum offer companies financial benefits: the lower rent costs allow companies to invest in other employee benefits, such as FSAs and continuing education allowances.
The current overall asking rent for office space in an Austin suburb like Arboretum is around $34 per square foot, compared to the citywide average of roughly $36 per square foot, and the Downtown Austin office space average of $51 per square foot. Class A office space in Austin’s suburbs averages $39 a square foot, and Class B office space rents for closer to $29 a square foot. Most commercial office space in Arboretum is comprised of Class A office parks.
Arboretum is a popular choice for large, national corporations that are looking to set up smaller, satellite offices. Google, Microsoft, and Oracle all have small business plaza-style offices in the Arboretum area. And given the area’s choice location near Highway 183 and the Mopac Expressway, you’ll find a variety of other tech companies within a short drive.
What Our Brokers Say About Arboretum Office Space
Arboretum is a popular choice for companies, as the area is easily accessible to employees traveling from all across the city. The tech corridor formed by three central roadways, Highway 360, the Mopac Expressway, and the 183 Freeway allow Austin residents to travel from home to work efficiently. The convenient transportation options, lucrative rent costs, and a community of corporate and tech offices make Arboretum a desirable neighborhood for commercial tenants.
Most commercial office space in this Austin neighborhood shares close proximity with other corporate neighbors. For instance, Microsoft’s corporate office is located off of Stonelake Boulevard. But if you were to turn off of Stonelake Boulevard’s central roundabout in a different direction, you’d find other corporate offices including Bazaarvoice and Forcepoint. Employees at each of these neighboring business plazas enjoy food and fitness options within the corporate buildings. But nearby restaurants, like
Roaring Fork and Red’s Porch Quarry, are scenic alternative spots to take clients out for lunch.
Commercial real estate options in Arboretum are vast. Largely made up of plazas and business parks, Arboretum offers square footage large enough to house companies of 100-plus employees. Though the towering building exteriors may seem repetitive across North Austin’s hilly landscape, inside the Arboretum offices you’ll find modern, Class-A amenities.
Popular conventional business parks in Austin’s Arboretum neighborhood include Synergy Plaza South, The Campus at Arboretum, the Kingston’s Building, and Plaza 700. Inside these buildings, you’ll find banking and mortgage firms, and a variety of established software tenants. Most of these Class-A office spaces line Jollyville Road, Research Boulevard, Technology Boulevard, or the Mopac Expressway.
In Arboretum, corporate campuses transform austere office space into flexible designs that feature collaboration breakout areas, outdoor patios, lounges, training facilities, and well-stocked kitchens. If you’re searching for an expansive corporate space, or you’re eager to secure a low-cost lease and spend a modest amount of money on a tenant improvement project, talk with our brokers to learn about available office space in Arboretum.
Getting Around Arboretum
Employees who live and work in Austin’s Arboretum neighborhood enjoy quick and easy transportation. The nexus of Mopac Expressway, Highway 183, and and the North Capital of Texas Highway make it easy for commuters to reach corporate campuses from all directions. Whether you’re traveling from Downtown or far West Austin, it’s easy to reach Arboretum in a 10-15 drive.
It’s important to note though, that while transportation by car is easy, it’s not a pedestrian area. While shopping plazas and central areas can be visited on foot, the area’s walk score of 43 suggests that most employees drive to and from work for good reason.
Arboretum Neighborhood & History
As part of Austin’s tech hotbed, Arboretum is a growing area. Recognized as “new growth,” this northwest Austin neighborhood offers modern, upscale amenities to those who live and work in the area.
The Austin suburb is an easy sell for companies that are looking to establish new corporate hubs. For prospective employees, the area endless conveniences. For anyone coming into the city, Arboretum makes transportation to and from the airport to the corporate office to the hotel easy with multiple Enterprise Rent-a-Car location, Extended Stay America, and a variety of lodging options. If you have visiting clients or interviewees, invite them to explore all of the shopping and dining options that
Arboretum offers its residents. Popular shopping choices include: Modern Market and the Arboretum shopping mall, where you’ll find stores ranging from Pottery Barn to Francesca’s.
And to eat? Locals frequent Rudy’s BBQ, Schlotzky’s P. Terry’s Burger Stand, Newk’s Eatery, and Great Hills Market.
Similar commercial tech-heavy neighborhoods include Cedar Valley, Westlake-Hills, and Rock Round.