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Corpus Christi 2Q 2014 office report: BurbachCorpus Christi 2Q 2014 office report: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=32862014-08-26T08:11:00Z2014-08-25T00:00:00Z

CORPUS CHRISTI - The local office market contained nearly 9.8 million sf as of second quarter 2014, according to Burbach & Associates and CoStar Group. The overall vacancy rate decreased to 9.6 percent in 2Q 2014.

The average quoted full-service rental rate was $14.48 per sf, down from $14.73 at the end of 2013.

Corpus Christi Office
Market Summary 2Q 2014
Market SF (000) Vacancy Rate/SF
Class A 938 13.2% $19.31
Class B 6,553 8.9% $14.26
Class C 2,270 10.0% $10.99
CBD 4,546 8.9% $15.37
South Side 2,202 9.3% $15.56
Mid-City 1,489 13.4% $11.90
West Side 664 5.6% $9.87
Total 9,761 9.6% $14.48


Source: Burbach & Associates, CoStar Group

Click here for the full report.

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

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Burbach & Associates Inc.
Corpus Christi
Office
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