Mar 2, 2015
McAllen-Edinburg-Pharr industrial 4Q 2014: Burbach
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...
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.
| 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.
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