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NAI REOC: San Antonio 1Q 2013 officeNAI REOC: San Antonio 1Q 2013 officehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=72572013-05-30T10:03:00Z2013-05-30T00:00:00Z

SAN ANTONIO - Although the CBD submarket remains challenged with a vacancy rate of nearly 30 percent, positive leasing activity throughout the market allowed the citywide vacancy rate to improve to 19.8 percent. 

Demand for top-tier space tightened the citywide Class A vacancy rate to 12.8 percent. More confident with the direction of the market, many landlords are beginning to reign in concessions and test higher rental rates.

San Antonio 1Q 2013 Office Report
Submarket Total Inventory Total Vacant SF Vacant Avg. Quoted
Rent Rate
CBD 5,655,355 1,681,014 29.7% $19.36
CORE NC 8,502,806 1,342,248 15.8% $19.56
FAR NC 2,442,658 291,862 11.9% $23.33
NW 8,288,964 1,677,744 20.2% $18.71
FAR W 333,780 31,632 9.5% $24.16
NE 2,017,849 316,156 15.7% $25.55
SOUTH 810,267 209,904 25.9% $17.54
Totals 28,051,679 5,550,560 19.8% $19.34

Analysis by NAI REOC San Antonio based on data provided by Xceligent and approved
by the Office Advisory Board.

Source includes maps of areas at NAI REOC San Antonio

REOC San Antonio
San Antonio-New Braunfels
Office
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