CIP - Commercial Real Estate

Five land sectors. One clear theme: the right land still wins.

Week 7 of 7:

Across retail, single-family, industrial, multifamily, and suburban office land, Austin’s market is not dead. It is more selective.

In 2026, land value is being shaped by ex*****on, infrastructure, entitlement clarity, corridor momentum, and active buyer or user demand.

Before you hold, sell, or buy land, ask the right questions.

Does the site pencil?
Are utilities available?
Does the corridor support the use?
Is the entitlement path clear?
Is there real demand?

The opportunity is not everywhere. It is in the right land, with the right strategy.

View the full report: ciptexas.com/land-team

CIP Land Team: Josh Hubka, CCIM | Lee Ellison, ALC | Eric Davis, CCIM, CEcD | Evan Bole, CCIM | Currin Van Eman | Preston Gertner

Suburban office land is not a broad recovery story. It is a user-driven land strategy.

Week 6 of 7:

Austin’s office market is still recalibrating, but select suburban office land may be better positioned when it aligns with real user demand.

The strongest opportunities are not speculative. They are tied to efficient sites near rooftops, access, parking, utilities, amenities, and build-to-suit or owner-user demand.

Not every suburban site qualifies.

The opportunity is in the right parcel, in the right corridor, with the right user strategy.

View the full report: ciptexas.com/land-outlook

CIP Land Team: Josh Hubka, CCIM | Lee Ellison, ALC | Eric Davis, CCIM, CEcD | Evan Bole, CCIM | Currin Van Eman | Preston Gertner

Austin multifamily vacancy is around 14%. Here is why the land window may be opening.

Week 5 of 7:

After a major 2024 supply wave, Austin’s multifamily market is recalibrating. Vacancy moved higher, rents moderated, and developers are underwriting land more carefully.

But deliveries are expected to slow while absorption continues to improve. That shift may create the next window for well-located multifamily land.

The best opportunities will depend on employment access, amenity-rich settings, entitlement clarity, infrastructure readiness, site geometry, and submarket rent support.

Not all multifamily land is equal.

View the full report: ciptexas.com/land-outlook

CIP Land Team: Josh Hubka, CCIM | Lee Ellison, ALC | Eric Davis, CCIM, CEcD | Evan Bole, CCIM | Currin Van Eman | Preston Gertner

Austin industrial vacancy reached ±20%. Here is what that means for land.

Week 4 of 7:

Austin’s industrial market is moving through a supply-driven correction, but land demand has not disappeared.

As new supply slows and absorption holds, the market is separating strong land from weak land. Entitled, utility-served, power-served, and well-located sites remain attractive for users, developers, and build-to-suit opportunities.

Supply is correcting. Demand is holding. The next land window may be opening.

The opportunity is not everywhere. It is in the right land, with the right infrastructure, access, power, and user demand.

View the full report: ciptexas.com/land-outlook

CIP Land Team: Josh Hubka, CCIM | Lee Ellison, ALC | Eric Davis, CCIM, CEcD | Evan Bole, CCIM | Currin Van Eman | Preston Gertner

Texas data centers are changing the way land gets valued.

For years, Texas land value has been tied to growth, access, rooftops, industrial demand, and development potential.

That is still true.

But data centers are adding another major factor to the equation:

Power.

As AI, cloud computing, and digital infrastructure demand continue to grow, the most attractive sites are not just the ones with acreage. They are the sites where land, power, transmission access, substations, fiber, water, and entitlement paths can realistically come together.

For landowners, developers, and investors, the question is shifting from:

“Is this a good piece of land?”

to

“Can this site support the kind of infrastructure demand the market is chasing?”

A few things we are watching across Texas:

• Power capacity is driving site interest. Sites near transmission lines, substations, and available grid capacity are receiving more attention.

• Texas has a scale advantage. Compared to more constrained coastal markets, Texas offers land availability, infrastructure corridors, and room for long-term growth.

• AI is accelerating demand. Major users are moving earlier, looking at larger sites, and trying to secure locations before the best infrastructure positions are gone.

• Secondary markets matter. Demand is expanding beyond the largest metros into industrial corridors and growth markets where power and land can align.

We are seeing this affect conversations across Dallas-Fort Worth, Austin-San Antonio, Houston, and emerging Texas industrial markets.

The takeaway is simple:

Land near power and infrastructure may tell a very different value story than traditional acreage alone.

Read the full breakdown here:

The Growth of AI Data Centers In Texas | CIP Texas Texas is becoming a major data center hub driven by AI growth. Learn why land near power, transmission lines, and infrastructure is attracting investors.

Austin single-family land demand is not gone. It is becoming more selective.

Week 3 of 7:

Builders are still buying land, but they are underwriting more carefully around land basis, lot yield, infrastructure timing, absorption risk, school access, and affordability.

The strongest opportunities are in corridors where land can still support attainable lot delivery, efficient development, and long-term buyer demand.

But not all single-family land is equal.

The opportunity is not just in owning land. It is in choosing the right tract, in the right corridor, with the right strategy.

View the full report: ciptexas.com/land-outlook

CIP Land Team: Josh Hubka, CCIM | Lee Ellison, ALC | Eric Davis, CCIM, CEcD | Evan Bole, CCIM | Currin Van Eman | Preston Gertner

Austin MSA retail vacancy sits at 3.0%. Here is what that means for land.

Week 2 of 7:

Retail land demand remains one of the stronger stories across the Austin MSA. Tight availability, rooftop growth, and demand from grocery, service, medical, convenience, and daily-needs retailers continue to support well-positioned retail land.

But not all retail land is equal.

The strongest opportunities are shifting toward suburban corridors where access, visibility, utilities, entitlement clarity, and residential growth align.

The opportunity is not just in the market. It is in the right site, the right corridor, and the right strategy.

View the full report: ciptexas.com/land-outlook

CIP Land Team: Josh Hubka, CCIM | Lee Ellison, ALC | Eric Davis, CCIM, CEcD | Evan Bole, CCIM | Currin Van Eman | Preston Gertner

Austin MSA land transactions have dropped roughly 50% from the 2021 peak. Here is what you need to know.

Week 1 of 7:

After years of expansion, peak activity, and correction, the Austin MSA land market is entering a more selective phase. Transaction volume has reset from the 2021 peak, but the market has not disappeared.

The opportunity is not everywhere. It is in the right site, the right corridor, and the right strategy.

Over the next several weeks, the CIP Land Team will break down the opportunities and risks shaping Austin’s retail, single-family, industrial, multifamily, and suburban office land sectors.

View the full report: ciptexas.com/land-team

CIP Land Team: Josh Hubka, CCIM | Lee Ellison, ALC | Eric Davis, CCIM, CEcD | Evan Bole, CCIM | Currin Van Eman | Preston Gertner

March retail sales came in strong, but the headline doesn’t tell the full story.

Higher gas prices helped lift overall retail numbers, even as consumer spending remains more selective underneath the surface.

Not all retail categories are moving in the same direction right now.

For anyone watching or investing in retail, the details matter more than the headline.