AUSTIN – At the close of first quarter 2017, there is approximately 600,000 sf of industrial product under construction and another 1.5 million sf of proposed industrial product in the pipeline, according to Cushman & Wakefield's Industrial 1Q 2017 MarketBeat.
Although vacancy rates have crept upward when compared to the record lows experienced in 2016, healthy leasing activity and an ever-expanding population base should keep demand for both warehouse/distribution and flex space strong throughout 2017.
See Cushman & Wakefield's 1Q 2017 MarketBeat for San Antonio and Houston.
Check out Austin's Industrial Market Research for more sources.
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