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Corpus Christi 4Q 2013 industrial report: BurbachCorpus Christi 4Q 2013 industrial report: Burbachhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=44292014-04-14T07:05:00Z2014-04-14T00:00:00Z

CORPUS CHRISTI - The industrial market totaled 20.053 million sf in 2013, according to Burbach & Associates and CoStar Group. Of this number, 94.8 percent is considered warehouse space and 5.2 percent is considered flex space.

For fourth quarter 2013, the vacancy rate was 4.9 percent — up from 4.2 percent in 2012. The average quoted rental rate was $6.28 per sf, up 1.9 percent from $6.16 in 2012.

Corpus Christi Industrial
Market Summary 4Q 2013
Market SF (000) Vacancy Rate/SF
Warehouse Space 19,011 4.5% $5.97
Flex Space 1,043 11.4% $9.14
CBD 1,360 17.0% $4.42
West Side 8,169 5.7% $5.76
Northwest 3,814 1.7% $7.42
South Side 1,660 5.2% $8.45
Southwest 1,870 3.3% $8.46
Total 20,053 4.9% $6.28


Source: Burbach & Associates, CoStar Group

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

Burbach & Associates Inc.
Corpus Christi
Industrial
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