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San Antonio 3Q 2012 industrial submarket NAI REOCSan Antonio 3Q 2012 industrial submarket NAI REOChttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=89992012-11-16T09:50:00Z2012-11-16T00:00:00Z

SAN ANTONIO - The San Antonio industrial market continues to experience significant improvement with new leases and expansions generating 112,605 sf of positive net absorption.

The citywide vacancy rate lowered to 10.6 percent — “the lowest on record since 2000 when NAI REOC started tracking the industrial market,” says Kim Gatley, Senior Vice President and Director of Research for NAI REOC San Antonio.

The third quarter gain pushed the year-to-date total to 948,142 sf of positive net gain — an amount that exceeds the annual total for the past three years combined.

San Antonio 3Q 2012 Industrial Report
Submarket* Total
Inventory
Total
Vacant SF
Vacant Avg. Quoted
Rent Rate
CBD 233,395 69,934 30.0% $3.15
NC 4,809,966 631,898 13.1% $7.29
Far NC 26,844 3,322 12.4% $12.00
NW 4,072,810 575,979 14.1% $9.30
NE 16,704,162 1,811,523 10.8% $4.34
South 5,641,051 246,199 4.4% $5.46
Far West 154,872 25,650 16.6% $6.10
Totals 31,643,100 3,364,505 10.6% $5.63

*Submarket maps are available in the report.

REOC San Antonio
San Antonio-New Braunfels
Industrial
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