NAI Partners: San Antonio Office Market Report | 4Q 2017NAI Partners: San Antonio Office Market Report | 4Q 2017https://www.recenter.tamu.edu/news/newstalk-texas/?Item=188092018-01-17T06:00:00Z2018-01-17T23:00:00Z

​​​Market Indicators Current Q4 2017 Prior Quarter Q3 2017 Year Ago Q4 2016 Vacant Direct 9.7% 9.6% 9.4% Vacant Direct+Sublease 10.0% 9.9% 9.6% Available Direct 12.2% 12.5% 12.0% Available Direct+Sublease 12.7% 13.1% 12.5% Net Absorption (SF) 297,047 172,321 718,523 Construction (SF) 892,205 1,187,262 1,330,808 Deliveries (SF) 375,589 264,702 94,509 Gross Avg Asking Rent $21.71 $21.81 $21.12 Inventory (SF) 58,860,277 58,484,688 57,508,880SAN ANTONIO – NAI Partners Released their "San Antonio Office Market Report | 4Q 2017,"

Local economic momentum heading into 2018.

The San Antonio economy continued to grow at a steady pace in November, as the San Antonio Business-Cycle Index increased with above-trend growth as jobs grew and the area unemployment rate stayed at an exceptionally low level.

  • Jobs increased at a strong 5.2 percent annualized rate in November. 
  • As for unemployment, the seasonally adjusted rate for the San Antonio metro remained steady at a minimal 3.8 percent in November. 

Recent economic momentum suggests that San Antonio will take 2017’s s​trong pace of growth into 2018, the city’s Tricentennial, 300th anniversary.​

NAI Partners
San Antonio-New Braunfels

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