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San Antonio industrial 1Q 2013 NAI REOCSan Antonio industrial 1Q 2013 NAI REOChttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=73802013-05-16T11:50:00Z2013-05-16T00:00:00Z

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.

San Antonio 1Q 2013 Industrial Report
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.

REOC San Antonio
San Antonio-New Braunfels
Industrial
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