What Commercial Real Estate Reveals About Austin's Tech Economy (with Taylor McHargue)

In this episode of Austin Tech Connect, Thom Singer sits down with Taylor McHargue of Cushman & Wakefield. Taylor is a new board member at the Austin Technology Council, and is a good example of the next generation of people in the tech ecosystem that want to show up and help build the future for all.

In this interview we explore what the commercial real estate market can tell us about the current state of Austin's tech economy. It is a timely conversation, because office space is no longer just about square footage. It has become a reflection of hiring, funding, culture, confidence, and where companies believe they are headed next.

Taylor explains that in the boom years, especially around 2016 to 2018, tech companies often leased more space than they needed and signed longer terms because growth felt inevitable. Today, that mindset is gone. After the disruptions of the pandemic, many executives carry real caution about long leases and unused space. Companies are now trying to match their footprint closely to current needs, with far less appetite for risk.

The conversation also highlights how Austin's office market has evolved since COVID. While vacancy remains high on paper, Taylor notes that activity has picked up, especially among technology firms, and especially since the start of 2026. Some of that momentum is tied to AI-related companies, while broader return-to-office trends are also playing a role. Many firms are no longer debating whether they will gather in person at all. Instead, they are figuring out what kind of office strategy best supports collaboration, flexibility, and growth.

One of the biggest takeaways is that not all office space is equal. The buildings performing best are highly amenitized, well located, and often move-in ready. For many companies, office space is now a recruiting and retention tool. That means coffee shops, fitness centers, conference amenities, and proximity to the areas where talent wants to be matter more than ever. Taylor describes the market as a tale of two worlds: some buildings struggle, while others attract most of the serious demand.

This episode offers a smart window into where Austin tech is today, and where it may be headed next.

********************

Ausitn Tech Connect is sponsored by Calavista Software

********************

The Austin Technology Council exists to help Austin's fast growing tech community stay connected, collaborative, and engaged. As the ecosystem gets bigger and more complex, ATC creates space for the conversations and relationships that help people find their place in the bigger story of Austin tech. We believe strong communities do not happen by accident, they are built through trust, shared ideas, and leaders who show up. That is the role ATC continues to play as Austin's tech future unfolds.