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CBRE: El Paso industrial 4Q 2014CBRE: El Paso industrial 4Q 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=18362015-01-30T13:44:00Z2015-01-30T13:00:00Z

EL PASO - The industrial real estate market in El Paso reports a third consecutive quarter of strong activity in fourth quarter 2014.

Total transactions recorded 442,697 sf of positive net absorption.

This helped El Paso industrial close 2014 on a strong note outperforming the previous six years with a year-to-date net absorption of 784,961 sf and a vacancy rate of 12.5 percent.

El Paso Industrial Market Statistics 4Q 2014
Market Rentable
Area (SF)
Vacancy
Rate
Availability
Rate
Net
Absorption
(SF)
Asking
 Lease Rates
($/SF/Year)
West 7,304,124 7.0% 7.0% 36,108 $4.23
Northeast 8,943,856 13.9% 20.2% 197,209 $3.38
Central 13,788,135 5.3% 6.6% 45,000 $2.97
East 18,166,890 13.8% 17.8% 48,380 $3.87
Lower Valley 6,252,369 29.5% 32.5% 116,000 $4.06
Total 54,455,374 12.5% 15.6% 442,697 $3.79


Source: CBRE Research 4Q 2014

CBRE
El Paso
Industrial
https://www.recenter.tamu.edu/Pages/market-research.aspxRead more at {Source}

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