CBRE: San Antonio new retail construction nears 1M sfCBRE: San Antonio new retail construction nears 1M sfhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=207472018-08-01T05:00:00Z2018-08-02T00:00:00Z

​​​​​SAN ANTONIO – The following are highlights from CBRE’s “2Q 2018 San Antonio Retail MarketView.” ​

Occupancy continues to tighten

  • A dearth of new space has pushed the overall market’s vacancy to 4.1 percent.
  • San Antonio’s current retail market features record-high occupancy, and new construction starts are nearing 1 million sf.

Cibolo Crossing breaks ground

  • Santikos Entertainment, the anchor tenant of the $285 million, 116-acre mixed-use Cibolo Crossings development, broke ground in May 2018 on its 87,000-sf family entertainment center. 

San Antonio’s population growth is #1 in the nation​

  • The city boasted the highest numeric population gain in the nation from 2016-2017, according to the U.S. Census Bureau.
  • According to projections, the city is on track to add another million residents by 2040.​
CBRE Research, 2Q 2018 San Antonio Retail MarketView: Market Indicators
San Antonio-New Braunfels

​Check o​ut more San Antonio-New Braunfels Retail Market Research​.

Don't forget to check out CBRE's "2Q 2018 San Antonio Industrial MarketView​."

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