Composed, positive in Austin industrial marketComposed, positive in Austin industrial markethttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=163092017-04-11T05:00:00Z2017-04-11T16:00:00Z

​​AUSTIN – Local industrial investors and users began the year with what CBRE called a "sense of composed positivity" in its first-quarter 2017 market update.

According to the report, vacancy held steady at 7.2 percent, while average asking rents climbed to $10.32/sf/year, up $0.12/sf from the previous quarter.​

Developers delivered more than 550,000 sf in the first quarter. An additional 1.1 million sf are underway.

The industrial market absorbed 144,672 sf.​​

Austin-Round Rock
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