Estimate Size & Rates

Size – Rule of Thumb

100% open floor plan for cubes / open desks: 5 people per 1,000 SF
50% open and 50% private office / conference rooms layout: 4 people per 1,000 SF
100% private office layout: 3 people per 1,000 SF

You can physically fit a lot of people in a small space, but there are two main constraints of how dense you can occupy a space:

Parking
Most office buildings have available parking of 3 to 4 spaces per 1,000 SF of building area. What this means is that your share of the available parking will be at this ratio. If you have more employees (and cars) than your allotment, you could be taking spaces from other tenants and stressing out the parking lot. As a building approaches 100% occupied, over parking becomes more of a problem for management as existing tenants start to complain. If you become a parking nuisance, the landlord has the ability to put you into default of your lease.

Air Conditioning
If you put a bunch of people and computers in a small space (in Texas), the standard air conditioning can’t keep the space cool. The landlord isn’t going to fix the problem if you are over your allotted density.

Current Rental Rates – SF/Year

Class A Class B Class C Flex Office Office / Warehouse
Downtown
$63 – $43		 Downtown
$56 – $38		 Downtown
$32 – $25		 Greater Austin
$26 – $14 + utilities & janitorial		 Greater Austin
$19 – $11+ utilities & janitorial
Northwest
$44 – $32		 Northwest
$31 – $26		 Northwest
$25 – $16
Southwest
$45 – $32		 Southwest
$36 – $25		 NE / SE
$23 – $13
NE / SE
$28 – $18