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Corpus Christi 2Q 2014 retail: BurbachCorpus Christi 2Q 2014 retail: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=32712014-08-26T07:21:00Z2014-08-26T00:00:00Z

CORPUS CHRISTI - In second quarter 2014, the retail market contained 22.6 million sf with a vacancy rate of 5.8 percent, according to Burbach & Associates and CoStar Group.

The rate was up from 5.6 percent in 4Q 2013. The average net rental rate was $11.74 per sf, down from $12.24 in 4Q 2013.

Corpus Christi Retail Market Summary 2Q 2014
Market SF (000) Vacancy Rate/SF
General retail 12,926 5.9% $10.08
Mall 2,531 3.0% -
Power center 346 0.0% -
Shopping center 6,598 7.1% $13.85
CBD 1,679 5.0% $9.22
Mid-City 6,034 4.2% $13.13
South Side 6,237 3.9% $17.17
West Side 1,665 12.0% $7.96
Northwest 1,677 12.7% $5.94
Flour Bluff / Padre Island 1,622 4.4% $13.81
Portland / Ingleside 1,872 7.8% $13.32
Total 22,625 5.8% $11.74


Source: Burbach & Associates, CoStar Group

Click here to see the report.

For more stats, see Office, Retail and Industrial under Corpus Christi Market Data Sources.

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Burbach & Associates Inc.
Corpus Christi
Retail
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