May 16, 2013
San Antonio industrial 1Q 2013 NAI REOC
SAN ANTONIO - The San Antonio industrial market demonstrated a strong start in 2013 to continue the momentum that was apparent through the end of last year. According to the...
SAN ANTONIO – The San Antonio industrial market demonstrated a strong start in 2013 to continue the momentum that was apparent through the end of last year. According to the survey of more than 32 million sf of area industrial properties, new leases and expansions inked in first quarter generated 318,855 sf of positive net absorption.
As a result, the citywide vacancy rate tightened to 9.1 percent compared to 9.9 percent last quarter and 10.9 percent recorded in the same quarter of last year.
| Submarket* | Total Inventory | Total Vacant SF | Vacant | Avg. Quoted Rent Rate |
| CBD | 233,395 | 40,460 | 17.3% | $3.48 |
| NC | 5,322,614 | 613,631 | 11.5% | $8.38 |
| Far NC | 26,586 | 6,549 | 24.6% | $12.00 |
| NW | 4,173,634 | 626,703 | 15.0% | $9.06 |
| NE | 16,511,380 | 1,327,357 | 8.0% | $5.15 |
| South | 5,627,378 | 218,819 | 3.9% | $5.43 |
| Far West | 120,200 | 80,000 | 66.6% | $6.10 |
| Totals | 32,015,187 | 2,913,519 | 9.1% | $7.39 |
*Submarket maps are available in the report.
Read more at NAI REOC San Antonio.
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