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Brownsville-Harlingen 4Q 2014 retail report: BurbachBrownsville-Harlingen 4Q 2014 retail report: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=14672015-03-23T10:06:00Z2015-03-23T00:00:00Z

BROWNSVILLE-HARLINGEN - In fourth quarter 2014, the total retail market contained nearly 13.3 million sf with a vacancy rate of 7.6 percent, according to Burbach & Associates and CoStar Group.

The average rental rate per sf was $13.35, with Greater Harlingen coming in at $13.22 per sf.

Brownsville-Harlingen Retail Market Summary
4Q 2014
Market SF (000) Vacancy Rate/SF
General retail 7,626 5.6% $12.71
Mall 1,412 6.7% $19.00
Power center 916 2.7% $18.71
Shopping center 3,342 13.7% $12.50
CBD Brownsville 1,110 10.9% $9.89
CBD Harlingen 202 14.8% N/A
Greater Brownsville 7,523 6.8% $14.00
Greater Harlingen 4,460 7.7% $13.22
Total 13,295 7.6% $13.35


Source: Burbach & Associates, CoStar Group

For more stats, see Office, Retail and Industrial under Brownsville-Harlingen Market Research.

Burbach & Associates Inc.
Brownsville-Harlingen
Retail
https://www.recenter.tamu.edu/Pages/market-research.aspxRead more at {Source}

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