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Corpus Christi 4Q 2014 office report: BurbachCorpus Christi 4Q 2014 office report: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=16102015-02-27T14:35:00Z2015-02-27T08:00:00Z

CORPUS CHRISTI - The local office market contained nearly 9.8 million sf as of fourth quarter 2014, according to Burbach & Associates and CoStar Group.

The overall vacancy rate increased to 9.9 percent in 4Q 2014 from 9.6 percent in 2Q 2014. The rental rate was $14.39 per sf, down from $14.48 at the end of 2Q 2014.

Corpus Christi Office
Market Summary 4Q 2014
Market SF (000) Vacancy Rate/SF
Class A 938 14.9% $19.88
Class B 6,557 8.8% $13.93
Class C 2,291 11.2% $11.39
CBD 4,544 9.6% $15.27
South Side 2,202 8.9% $15.51
Mid-City 1,492 14.0% $12.34
West Side 657 5.7% $9.87
Total 9,786 9.9% $14.39


Source: Burbach & Associates, CoStar Group

Click here for the full report.

For more stats, see Corpus Christi Market Research.

Burbach & Associates Inc.
Corpus Christi
Office
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