Transwestern: San Antonio office market 2Q 2015Transwestern: San Antonio office market 2Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=105412015-09-18T05:00:00Z2015-09-20T20:00:00Z

​​SAN ANTONIO - With a total of 119,624 sf of positive net absorption, second quarter 2015 makes the seventh straight quarter of positive gains in office space, according to Transwestern’s San Antonio Office Market 2Q 2015 report.

Steady leasing activity and new construction deliveries generated in the first half of 2015 helped San Antonio office market vacancy rates stay under the 20 percent mark — rounding out at 17.2 percent. 

This positive momentum resulted in average lease rates of over $20 per sf for the third consecutive quarter.

Vacancy levels continue to decline across the San Antonio office market with 2Q ending at 17.2 percent. 

The second quarter of 2015 marks the tenth straight quarter of vacancy rates under the 20 percent mark.

The San Antonio office market’s average full service rental rate increased by 95 basis points from the previous quarter, to mark the third consecutive quarter over the $20 mark at $20.21 per sf.

San Antonio-New Braunfels

​Click to se​e the full Transwestern San Antonio Office Market 2Q 2015 (PDF)​.

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