Oct 10, 2017
CBRE: Class A absorption leads the market
SAN ANTONIO – CBRE published their San Antonio Industrial MarketView 3Q 2017 report:class A product registered nearly 300,000 sf of net absorption;market-wide net absorption pushed year-to-date totals to just shy of...
SAN ANTONIO – CBRE published their San Antonio Industrial MarketView 3Q 2017 report:
- class A product registered nearly 300,000 sf of net absorption;
- market-wide net absorption pushed year-to-date totals to just shy of 1.0 million sf;
- a relatively small volume of deliveries and a healthy net absorption pushed the vacancy rate into single digits;
- weighted average asking rents for warehousing remained steady compared to last quarter; and,
- a new speculative project in South San Antonio brought the total Class A pipeline that will deliver through summer 2018 to 1.3 million square feet.
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