Laredo industrial snapshot: 1Q 2013Laredo industrial snapshot: 1Q 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=64472013-09-03T12:04:00Z2013-09-03T08:01:00Z

LAREDO - South Texas Commercial Real Estate has compiled an overview of Laredo's industrial market for first quarter 2013. Here's a taste of what you will find in the full report at Laredo Market Data Sources.

Laredo Industrial Market Overview
Statistics Industrial
Total SF 35,267,224 SF
Vacancy rate 3.43%
Under construction* 255,000 SF
Standard Class A/B rent rate** $0.32 to $0.38/SF/Month
Standard Class C rent rate** $0.20 to $0.30/SF/Month
Net absorption 18,532 SF
Gross absorption 258,232 SF

*Includes speculative construction, owner occupied construction, and build to suit for lease construction
**Average Lease Rate (NNN Lease) will vary based on size and quality of building, location of building, lease term, financial strength of tenant, and improvements required by tenant

Source: South Texas Commercial Real Estate

For the full 1Q 2013 report, see industrial under Laredo Market Data Sources!

Online news
http://www.stcar.com/Read more at {Source}

 Search NewsTalk Texas