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Nvidia takes the cake for Austin’s biggest office lease of 2025

The Domain came out on top, netting one-third of space among Austin’s biggest leases

Starwood Capital's Barry Sternlicht, Nvidia’s Jensen Huang, Apple's Tim Cook and Governor Greg Abbott

Austin’s biggest leases of the year rang in just shy of one million square feet of office space, with about a third of that area in and around the Domain. 

Nvidia led the way in planting its flag in northwest Austin, followed by Apple, BigCommerce and Spectrum in 2025. 

Citywide vacancy ticked up slightly to 22.6 percent in the third quarter of 2025, up 0.1 percent from the same period last year, according to a market report from Colliers. The Domain fared much better than the citywide office market, with a vacancy rate of 13.3 percent, thanks to demand from tech companies.

But around town, tech, insurance and healthcare companies are pushing millions of square feet back onto the market in the form of subleases giving tenants bargain options while keeping pressure on landlords. There was just under 4 million square feet of sublease space available at the end of the third quarter, CBRE said. The good news is that number is declining, down 14 percent from the same period last year.

Here are the biggest office leases of the year in Austin, using data compiled from Newmark and Cushman & Wakefield. 

Nvidia | 11515 Burnet Road | 99,370 square feet

AI Chipmaker Nvidia Nears Deal for Big Austin Office Lease
Nvidia’s Jensen Huang with One Uptown office tower (Uptown ATX, Stanford.edu)

Nvidia significantly expanded its Austin presence with a nearly 100,000-square-foot lease at the Brandywine Realty Trust-owned One Uptown at 11515 Burnet Road. The office building is part of Uptown ATX, a mixed-use development near the Domain. Brandywine is billing the $3 billion, 66-acre hub as “Austin’s second downtown.” Nvidia currently has two smaller leases in Austin — 52,000 sq ft on Lakeline Boulevard and 5,000 sq ft off MoPac Expressway — and it’s unclear if the new lease will consolidate these.

Office of the Texas Governor | 400 West 15th Avenue | 94,211 square feet

400 West 15th Avenue
400 West 15th Avenue (Google Maps, Getty)

Gov. Greg Abbott’s office not only renewed its lease at the 17-story downtown office building at 400 West 15th Avenue; it also set out to renovate 53,000 square feet of the Class A space with federal funds. In October, the Governor’s office filed a permit for $2.6 million in renovations with federal funding at the site, according to a filing with the Texas Department of Licensing and Regulation, though a timeline for work is still unavailable. Austin-based Sixthriver Architects are providing the designs. The renewal doesn’t help much with the glut of vacancies downtown, where the vacancy rate ticked up to 27.8 percent in the third quarter from 27.5 percent in the prior quarter, Colliers said. 

Apple | 12365 Riata Trace Parkway B | 94,000 square feet

12365 Riata Trace Parkway B
12365 Riata Trace Parkway B (Google Maps, Getty)

Apple renewed its lease of the entire building 8 at Endeavor-owned Riata Corporate Park ahead of the opening of its billion-dollar Northwest Austin campus at 6900 West Parmer Lane. The company employs nearly 10,000 people in the metro, positioning itself as one of the region’s largest private employers, with the expectation that its workforce will grow all over the state, especially after CEO Tim Cook committed to a multibillion-dollar investment in U.S. manufacturing focused heavily on the Texas Triangle during a meeting at the White House in August. 

BigCommerce | 11920 Alterra Parkway | 65,000 square feet

11920 Alterra Parkway
11920 Alterra Parkway (Google Maps, Getty)

Austin-based BigCommerce took over space at the Domain 11 building that was offered up by Seattle-based Expedia. The lease spans portions of the eighth and ninth floors of the fully-leased, 338,900-square-foot, 16-story office building, at 11920 Alterra Parkway. Expedia didn’t part ways with the neighborhood, as the firm built-out the top four floors of Domain 11, amounting to more than 250,000 square feet of space. 

Fresenius Medical Care | 3711 South MoPac Expressway | 61,500 square feet

Starwood Aims to Sell Austin Office Portfolio
Starwood Capital’s Barry Sternlicht with Cielo Center, the Park on Barton Creek and the Crossings at Lakeline in Austin (Loopnet, Getty)

The global provider of products and services for renal disease patients renewed its office lease at The Park on Barton Creek, at 3711 South MoPac Expressway in Southwest Austin. Los Angeles-based BH Properties bought the two-building office campus from Starwood Capital this spring, after Starwood listed a $200 million Austin office portfolio. Fresenius, which is based in Germany, also operates kidney dialysis care centers throughout the Austin-San Antonio corridor. 

NinjaOne | 301 Congress Avenue | 60,000 square feet

301 Congress Avenue
301 Congress Avenue (Google Maps, Getty)

NinjaOne took a 60,000-square-foot bite out of the 100,000-square-foot space RetailMeNot put on the sublease market. The 22-story, 436,855-square-foot downtown office tower was built in 1985. It served as RetailMeNot’s headquarters until Ziff Davis acquired the company in 2020, after which it became a hub for all Ziff Davis’ Austin-area employees.

BasePower | 205 East Riverside Drive | 43,122 square feet

205 East Riverside Drive
205 East Riverside Drive (Google Maps, Getty)

The Austin-based power company, which focuses on leasing out residential home backup batteries, renewed its full-building lease at 205 East Riverside Drive. The 44,000-square-foot office building is just south of downtown Austin. In 2025, the startup raised $1 billion in investments.

Spectrum | 11921 North Mopac Expressway | 40,536 square feet

11921 North Mopac Expressway
11921 North Mopac Expressway (Google Maps, Getty)

The international internet service provider renewed its second-floor lease at the Domain’s Point 2 in May. The 162,959-square-foot office building sits at the edge of the Domain, overlooking the Mopac Expressway, but it’s within walking distance of the restaurants and hotels that comprise the retail portion of the district. 

SonarSource | 206 East 9th Street | 37,454 square feet

206 East 9th Street
206 East 9th Street (Google Maps, Getty)

The developer of AI coding tools renewed its 37,000-square-foot downtown lease in Capitol Tower, a 9-story, 178,600-square-foot office built in 1984 and renovated in 2018. The building is about 78 percent leased. 

Bazaarvoice | 10901 Stonelake Boulevard | 36,592 square feet

10901 Stonelake Boulevard
10901 Stonelake Boulevard (Google Maps, Getty)

The Austin-based software company that helps companies interpret user-generated content such as ratings and reviews, renewed its sublease at Quarry Oaks III, a 4-story 138,307-square-foot office built in 2015. The building sits across the Mopac Expressway from the Domain and J. J. Pickle Research Campus of the University of Texas. 

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