Eagle Ford Shale boosts San Antonio industrialEagle Ford Shale boosts San Antonio industrialhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=73742013-05-16T11:58:00Z2013-05-16T09:00:00Z

SAN ANTONIO - The Eagle Ford Shale is attracting a cadre of oil-and-gas players to San Antonio. A leading beneficiary of that activity is the city’s industrial real estate market.

At the end of first quarter 2013, the industrial sector was sitting at a vacancy rate of 9.1 percent — down from 11.9 percent a year ago, according to NAI REOC. That figure is the lowest for this real estate sector, since late 2002.

Examples of the increased industrial activity include the 1.2 million-sf Amazon.com Fulfillment Center Recent underway in the Verde Enterprise Business Park on the far Northeast Side.

Meanwhile, on the city’s Southwest Side, a 518,000-sf Glazer’s Inc. project and a 500,000-sf Maruchan facility are nearing completion.

During 1Q 2013, EastGroup Properties broke ground on a 66,170-sf facility, the third building in the firm’s Thousand Oaks Business Center, located at 3660 Thousand Oaks in North Central San Antonio. The first two buildings comprise more than 109,000 sf in the park.

For more on San Antonio’s Industrial Market, check out Market Data Sources for lots of sources.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/print-edition/2013/05/10/industrial-projects-flowing-in-san.htmlRead more at {Source}

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