Austin’s office leasing market in 2025 was marked by several large deals, with Nvidia signing the city’s largest lease of the year. The company secured nearly 100,000 square feet at One Uptown, located at 11515 Burnet Road and owned by Brandywine Realty Trust. This move is part of the Uptown ATX development near the Domain, which Brandywine describes as “Austin’s second downtown.” Nvidia already maintains two smaller offices in Austin.
Other significant leases included Apple renewing its lease for 94,000 square feet at Riata Corporate Park ahead of opening a new campus in Northwest Austin. Apple employs almost 10,000 people locally and has plans to expand its workforce across Texas following CEO Tim Cook’s commitment to invest heavily in U.S. manufacturing.
The Office of the Texas Governor renewed its downtown lease for over 94,000 square feet at 400 West 15th Avenue and filed a permit for $2.6 million in renovations using federal funds. Sixthriver Architects will handle design work for these updates.
BigCommerce took over space at Domain 11 previously occupied by Expedia, while Fresenius Medical Care renewed its lease at The Park on Barton Creek after BH Properties acquired the property from Starwood Capital earlier this year.
NinjaOne leased a portion of former RetailMeNot space at 301 Congress Avenue. Other notable renewals included BasePower on East Riverside Drive following a major investment round, Spectrum at Domain Point 2, SonarSource downtown at Capitol Tower, and Bazaarvoice at Quarry Oaks III.
Overall office vacancy in Austin rose slightly to 22.6 percent during the third quarter of 2025 according to Colliers data. The Domain area performed better than other submarkets with a vacancy rate of just over 13 percent due to continued demand from technology companies.
Despite some positive activity from large tenants, many tech, insurance, and healthcare firms have placed millions of square feet back on the market as sublease space. CBRE reported that just under four million square feet was available for sublease citywide by late September—a figure that has decreased by fourteen percent compared to last year.
