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Brownsville-Harlingen 2Q 2014 office report: BurbachBrownsville-Harlingen 2Q 2014 office report: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=32852014-08-25T08:19:00Z2014-08-25T00:00:00Z

BROWNSVILLE-HARLINGEN - The local office market contained nearly 3.2 million sf as of second quarter 2014, according to Burbach & Associates and CoStar Group. The overall vacancy rate was 11.5 percent in 2Q 2014.

The average total market rental rate was $14.13 per sf, with Harlingen featuring $12.61 per sf.

Brownsville-Harlingen Office Market Summary
2Q 2014
Market SF (000) Vacancy Rate/SF
Class A 125 42.8% $18.66
Class B 2,219 10.3% $14.32
Class C 838 9.9% $9.77
CBD Brownsville 361 1.3% $10.10
CBD Harlingen 270 3.9% $12.89
Greater Brownsville 1,426 12.4% $16.75
Greater Harlingen 1,125 15.3% $12.61
Total 3,182 11.5% $14.13


Source: Burbach & Associates, CoStar Group

Click here for the full report.

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

Burbach & Associates Inc.
Brownsville-Harlingen
Office
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