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San Antonio 1Q 2013 medical report NAI REOCSan Antonio 1Q 2013 medical report NAI REOChttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=69182013-07-02T07:58:00Z2013-07-02T00:00:00Z

SAN ANTONIO - According to the survey of more than 6.2 million sf of medical-only office space conducted by the research department of NAI REOC San Antonio, area medical office buildings experienced 141,532 sf of positive net absorption in first quarter 2013.

As a result of healthy gains, the citywide vacancy rate improved to 17.0 percent — down from 17.9 percent last quarter and 19.7 percent compared to the same quarter last year.

San Antonio 1Q 2013 Medical Report
  Citywide Central Business
District (CBD)
Non-CBD
 All Classes 1Q 2013 1Q 2012 1Q 2013 1Q 2012 1Q 2013 1Q 2012
Inventory 6,215,352 6,058,615 1,011,408 975,908 5,203,944 5,082.707
Available 1,055,466 1,155,371 101,346 128,054 954,120 1,027,317
Vacant 17.0% 19.1% 10.0% 13.1% 18.3% 20.2%
Average rent $23.72 $23.34 $20.71 $19.59 $24.31 $24.06
1Q absorption 141,532 35,257 20,995 119 120,537 35,138
YTD absorption 141,532 35,257 20,995 119 120,537 35,138


Read more at NAI REOC San Antonio.

REOC San Antonio
San Antonio-New Braunfels
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