Over the past decade, the eclectic beats of Austin's music scene melded with the steady pulse of a booming tech industry — a combination that's seen the city emerge into a top-tier market. The Lone Star State's capital city is home to the University of Texas, Dell Technologies founder Michael Dell and country music legend Willie Nelson, all of which could have influenced its rise. Austin ranks among the top targets for commercial real estate investment, taking the No. 2 spot for the second consecutive year in CBRE's 2023 U.S. Investor Intentions survey.