{{titleBar.title}}

{{titleBar.tagline}}

 

 

Brownsville-Harlingen industrial 2Q 2014: BurbachBrownsville-Harlingen industrial 2Q 2014: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=32702014-08-26T07:18:00Z2014-08-26T00:00:00Z

BROWNSVILLE-HARLINGEN - The industrial market totaled over 10 million sf in second quarter 2014, according to Burbach & Associates and CoStar Group. Of this number, 98.5 percent is considered warehouse space and 1.5 percent is considered flex space.

For 2Q 2014, the total market vacancy rate was 16.0 percent, and the average quoted rental rate was $3.46 per sf.

Brownsville-Harlingen Industrial Market Summary 2Q 2014
Market SF (000) Vacancy Rate/SF
Warehouse space 10,022 16.1% $3.46
Flex space 150 7.4% N/A
CBD Brownsville 368 17.1% $4.20
CBD Harlingen 12 0.0% N/A
Greater Brownsville 8,161 15.2% $3.50
Greater Harlingen 1,631 19.8% $3.16
Total 10,172 16.0% $3.46


Source: Burbach & Associates, CoStar Group

Click here for the full report.

See the full report of Office, Retail and Industrial under Brownsville-Harlingen Market Data Sources.

Burbach & Associates Inc.
Brownsville-Harlingen
Industrial
Read more at {Source}

 Search NewsTalk Texas