{{titleBar.title}}

{{titleBar.tagline}}

 

 

NAI REOC: San Antonio 4Q 2012 retailNAI REOC: San Antonio 4Q 2012 retailhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=82132013-02-18T10:11:00Z2013-02-18T00:00:00Z

SAN ANTONIO - Local retail properties ended the year on solid ground, according to NAI REOC San Antonio Retail Market Fourth Quarter 2012 Report.

New leases and expansions across the city generated 151,695 sf of positive net absorption in the final quarter of the year which raised the year-end total to a respectable 829,161 sf.

Improved vacancy supported a slight increase in the average citywide quoted triple net rental rate which inched up $0.14 over last quarter to reach $18.51 per sf per year — up $0.32 compared to the same quarter last year for a modest annual increase of 1.8 percent.

San Antonio 4Q 2012 Retail Report
4Q 2012
Submarket
Total
Inventory
Total
Vacant SF
Vacant Avg. Quoted
Rent Rate
Core NC 8,518,123 897,767 10.5% $19.19
Far NC 4,837,561 623,752 12.9% $18.11
NE 7,991,136 1,229,259 15.4% $15.75
NW 14,403,164 1,498,967 10.4% $18.80
CBD 1,340,287 210,806 15.7% $25.91
South 5,027,194 510,969 10.2% $16.01
Far West 4,673,689 499,722 10.7% $22.99
Totals 46,791,154 5,471,242 11.7% $18.51


Source: NAI REOC San Antonio

REOC San Antonio
San Antonio-New Braunfels
Retail
http://naireocpartnersblog.com/Read more at {Source}

 Search NewsTalk Texas