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REOC: San Antonio 2Q 2015 industrial marketREOC: San Antonio 2Q 2015 industrial markethttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=832015-08-24T13:59:00Z

SAN ANTONIO - The San Antonio industrial market closed the second quarter with a citywide vacancy rate of 8.4 percent, which is up compared to 5.9 percent recorded a year ago.

Two new industrial projects were delivered to the San Antonio market in second quarter:

  • In the North Central sector, Thousand Oaks Business Park 4 (66,405 sf) came online anchored by Interceramic Tile (53,061 sf).
  • In the South, a 60,000-sf build-to-suit for Custom Fab was delivered at South Park Business Park located at 7030 Old Pearsall Rd.

Over the past four quarters, the market experienced nearly 639,000 sf of positive net absorption offset by more than 863,000 of new inventory.

San Antonio Industrial Market 2Q 2015
Submarket* Total
Inventory
Direct
Vacant SF
%
Vacant
Avg. Rent
Rate
CBD 233,395 0 0% $3.60
NC 5,401,214 388,100 7.2% $9.05
Far NC 26,586 0 0% $12.00
NW 3,982,905 458,641 11.5% $8.72
NE 18,887,659 1,539,098 8.1% $5.81
South 5,746,829 481,801 8.4% $6.17
Far West 151,474 31,274 20.6% $3.84
Totals 34,430,062 2,898,914 8.4% $7.74


*See a map of the San Antonio submarkets in the full report.

Source: REOC San Antonio

Don't forget! Visit San Antonio-New Braunfels Market Research for more stats.

REOC San Antonio
San Antonio-New Braunfels
Industrial
https://www.recenter.tamu.edu/Pages/market-research.aspxRead more at {Source}

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