{{titleBar.title}}

{{titleBar.tagline}}

 

 

San Antonio industrial activity 2018 YTDSan Antonio industrial activity 2018 YTDhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=194722018-03-20T05:00:00Z2018-03-20T22:10:00Z

​​​San Antonio March 2018 Industrial Market Activity: Vacancy – 6%, Availability – 8.5%, Net Absorption – 55,666 sf, Leasing Activity – 555,438 sf, Deliveries – 203,663 sf, Under Construction – 620,592, Avg Asking NNN Rent – $5.87 psf.SAN ANTONIO – NAI Partners released its March 2018 Industrial Market Snapshot.

Here are some highlights from the report:

Industrial market indicators remain strong in 2018.

  • The current amount of space under construction is 620,592 sf, with close to 80 percent of that space available for lease.

Investment sales up 60 percent year-over-year.

  • Sales​ of major industrial properties grew 59.7 percent on a year-over-year basis through February 2018, totaling $17.1 million, based on Real Capital Analytics data.

Construction is on track in a 1.3 million-sf business park.

  • Building 1, the 179,655-sf speculative warehouse, located in Gateway ten Business Park, is on schedule for completion in June 2018.
  • The project is located on I-10 E. in Northeast San Antonio near ​Foster Rd.
  • The 100+ acre master-planned development will ultimately offer retail, commercial and industrial land sites.
NAI Partners
San Antonio-New Braunfels
Industrial
http://www.naipartners.com/research/san-antonio-industrial-monthly-market-snapshot-march-2018/

San Antonio-New Braunfels Industrial Market Research with numerous sources

Read more at {Source}

 Search NewsTalk Texas