San Antonio 3Q 2012 industrial market: NAI REOCSan Antonio 3Q 2012 industrial market: NAI REOChttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=90922012-11-16T12:37:00Z2012-11-08T00:00:00Z

SAN ANTONIO - The industrial market continues to experience significant improvement. New leases and expansions generated 112,605 sf of positive net absorption which demonstrated a sustained demand for industrial space in the Alamo City and lowered the citywide vacancy rate to 10.6 percent.

The third quarter gain pushed the year-to-date total to 948,142 sf — more than the total of the past three years combined.

San Antonio Industrial Market 3Q 2012
  3Q 2012 3Q 2011
Inventory (SF) 31,643,100 31,177,030
Available (SF) 3,364,505 4,266,243
% Vacant 10.6 13.7
Average rent per sf $5.63 $5.55
3Q Absorption (SF) 112,605 90,290
YTD Absorption (SF) 948,142 250,564

Source: NAI REOC San Antonio

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

 Search NewsTalk Texas