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El Paso Industrial 2Q 2013: CBREEl Paso Industrial 2Q 2013: CBREhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=65192013-08-26T07:37:00Z2013-08-26T00:00:00Z

EL PASO - CBRE has released its second quarter 2013 industrial report for El Paso.

The El Paso branch of the Federal Reserve Bank of Dallas cited a 1.7 percent annualized growth rate in economic activity in its most recent report.

Commercial crossing traffic at the Zaragoza Bridge was up 3 percent for the first four months of 2013 compared to the same period in 2012.

El Paso Industrial 2Q 2013
Market Rentable
Area
Vacancy
Rate
Net
Absorption SF
Net Avg.
Asking Rates*
West 7,214,653 5.4% -144,442 $3.81
Northeast 9,002,628 20.2% -46,725 $3.19
Central 13,789,635 7.0% 22,135 $3.12
East 18,158,869 16.2% 50,163 $3.74
Lower Valley 6,252,169 25.6% 120,411 $3.84
Totals 54,417,954 14.2% 1,542 $3.58

*($/SF/YR)

Source: CBRE Research. For more data, see El Paso Market Data Sources.

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