Cushman & Wakefield: San Antonio Industrial Snapshot 2Q 2015Cushman & Wakefield: San Antonio Industrial Snapshot 2Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=2002015-08-06T14:40:00Z2015-08-06T00:00:00Z

SAN ANTONIO - The San Antonio industrial market continues to experience low vacancy rates, coupled with an overall trend of increasing asking rental rates.

Distribution centers for Amazon, Carrier, Caterpillar, FedEx, Glazer’s and Sysco, occupying 200,000 sf up to more than 1 million sf, have been completed along major highway corridors.

The conservative approach of developers during the latest oil and gas boom preserved vacancy and rental rates in the industrial market.

While leasing activity dipped along with oil industry confidence, the market is stable and should be able to absorb the 700,000 sf of spec, modern-quality warehouse product that is due by year-end.

San Antonio 2Q 2015 Statistics
  2Q 2014 2Q 2015 Y-O-Y
Overall vacancy 9.2% 11.4% 2.2 pp*
Direct asking
rents (PSF/YR)
$5.61 $5.70 1.6%
YTD leasing
activity (SF)
1,267,904 422,167 -66.7%

*percentage point

Source: Cushman & Wakefield

See San Antonio Industrial Snapshot 2Q 2015 (PDF) for the full report.

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