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McAllen-Edinburg-Pharr industrial 4Q 2014: BurbachMcAllen-Edinburg-Pharr industrial 4Q 2014: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=15972015-03-02T12:27:00Z2015-03-02T08:00:00Z

McALLEN, EDINBURG, PHARR - The local industrial market contained nearly 16.7 million sf as of fourth quarter 2014, according to Burbach & Associates and CoStar Group. The overall vacancy rate was 15.0 percent in 4Q 2014.

The average total market rental rate was $4.58 per sf, with Greater McAllen featuring $4.38 per sf.

McAllen, Edinburg, Pharr Industrial Market Summary 4Q 2014
Market SF (000) Vacancy Rate/SF
Warehouse space 16,323 14.9% $4.41
Flex space 362 16.1% $9.47
CBD McAllen 27 0.0% N/A
Greater McAllen 11,643 16.6% $4.38
Edinburg 1,892 16.4% $4.02
Pharr 3,122 8.0% $6.76
Total 16,685 15.0% $4.58


Source: Burbach & Associates, CoStar Group

For more stats, see Office, Retail and Industrial under McAllen-Edinburg-Mission Market Research.

Burbach & Associates Inc.
McAllen-Edinburg-Mission
Industrial
https://www.recenter.tamu.edu/Pages/market-research.aspxRead more at {Source}

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