CBRE: El Paso Industrial MarketView 3Q 2017CBRE: El Paso Industrial MarketView 3Q 2017https://www.recenter.tamu.edu/news/newstalk-texas/?Item=179222017-10-03T05:00:00Z2017-10-03T21:50:00Z

​EL PASO – ​​​​​​CBRE EL Paso released the Third Quarter 2017 Industrial MarketView report:

  • The local market saw positive ne​t absorption, 2017 year-to-date net absorption ​surpassed​ the 2016 annual net absorption.

  • The vacancy rate decreased 40 basis points (bps) quarter-over-quarter and decreased 120 bps year-over-year.

  • The market asking rent increased by five cents per sf quarter-over-quarter.

  • Following the start of the first speculative industrial development in the previous quarter, a new 89,000-sf speculative project began moving dirt in 3​Q 201​​​​7.​A graphic from the CBRE EL Paso Industrial showing Activity by Industry: Materials and Moter Vehicles & parts manufacturing together made up 58% of activity.
El Paso

See the full CBRE 3Q 2017 Marketview El Paso Industrial Market.

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