Shifting Spaces and the Arms Race for amentities to secure leases in your office space. DeLea Becker, Owner/Broker of Beck-Reit Commercial Real Estate, joined top Austin real estate experts at the 5th Annual Austin Commercial Real Estate Summit by REDnews. The event offered in-depth discussions on Austin's commercial real estate trends, including vacancy rates, rental demand, construction updates, CAP rates, tenant needs, and design trends. DeLea and fellow panelists provided actionable insights into Austin’s evolving CRE market, underscoring the importance of adaptability and forward-thinking strategies for industry success.

WHY IT MATTERS: Construction quality is not just about the aesthetics or durability of a building; it has a direct impact on insurance premiums. Poor construction practices can lead to significant issues such as water infiltration, structural damage, and increased maintenance costs, all of which drive up insurance claims and premiums.