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Brownsville-Harlingen retail 2Q 2014: BurbachBrownsville-Harlingen retail 2Q 2014: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=32072014-09-02T06:40:00Z2014-09-02T00:00:00Z

BROWNSVILLE-HARLINGEN - In second quarter 2014, the total retail market contained nearly 13.1 million sf with a vacancy rate of 7.4 percent, according to Burbach & Associates and CoStar Group.

The average rental rate per sf was $12.63, with Greater Harlingen coming in at $11.30 per sf.

Brownsville-Harlingen Retail Market Summary
2Q 2014
Market SF (000) Vacancy Rate/SF
General retail 7,485 5.7% $12.29
Mall 1,412 2.7% $19.00
Power center 916 3.6% $18.54
Shopping center 3,256 14.4% $12.30
CBD Brownsville 1,050 11.4% $9.99
CBD Harlingen 202 18.2% N/A
Greater Brownsville 7,393 7.0% $14.16
Greater Harlingen 4,424 6.5% $11.30
Total 13,069 7.4% $12.63

Source: Burbach & Associates, CoStar Group

Click here to see the report.

For more stats, see Office, Retail and Industrial under Brownsville-Harlingen Market Data Sources.

Burbach & Associates Inc.
Brownsville-Harlingen
Retail
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