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Corpus Christi 4Q 2014 retail: BurbachCorpus Christi 4Q 2014 retail: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=15952015-03-02T09:08:00Z2015-03-02T08:55:00Z

CORPUS CHRISTI - In fourth quarter 2014, the retail market contained 22.9 million sf with a vacancy rate of 5.7 percent, down from 5.8 percent in 2Q 2014, according to Burbach & Associates and CoStar Group.

The average rental rate was $12.13 per sf, up from $12.24 in 2Q 2014.

Corpus Christi Retail Market Summary 4Q 2014
Market SF (000) Vacancy Rate/SF
General retail 13,236 5.9% $11.03
Mall 2,531 2.9% N/Av
Power center 346 0.0% N/Av
Shopping center 6,583 6.8% $13.89
CBD 1,689 5.5% $9.91
Mid-City 5,994 4.6% $12.71
South Side 6,372 3.7% $18.19
West Side 1,714 11.2% $8.40
Northwest 1,739 11.1% $5.92
Flour Bluff / Padre Island 1,637 4.9% $13.11
Portland / Ingleside 1,914 7.7% $13.29
Total 22,924 5.7% $12.13


Source: Burbach & Associates, CoStar Group

One click, picks this! Corpus Christi industrial, office and retail

tag: Corpus Christi Market Research includes many categories.

Burbach & Associates Inc.
Corpus Christi
Retail
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