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Cushman & Wakefield: Austin Industrial Snapshot 1Q 2015Cushman & Wakefield: Austin Industrial Snapshot 1Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=9892015-05-19T15:30:00Z2015-05-19T08:00:00Z

AUSTIN - Austin experienced 199,547 sf of direct absorption across all industrial property types duringĀ first quarter 2015. Q1 2015 marked the eighth consecutive quarter of positive direct absorption for the total market, dating back to Q2 2013.

The Round Rock (RR) submarket posted the highest levels of absorption for Q1 2015, recording 85,241 sf of absorption.

The Q1 2015 overall vacancy rate was recorded at 9.6 percent, 0.9 percentage point higher than the Q4 2014 rate of 8.7 percent.

The average direct rental rate recorded for all industrial property types was $9.36 per sf for 1Q 2015, 4.0 percent higher than the average rental rate of $9.00 per sf in Q1 2014.

Austin Industrial Report 1Q 2015
Submarket Comparison
Submarket Inventory
SF
Overall
Vacancy
Rate
YTD Overall
Net Absorption
Central 18,900 0.0% 0
Far Northwest 4,480,259 4.5% 47,499
North Central 9,725,621 5.9% 69,509
Northeast 12,006,106 16.3% -35,818
Northwest 4,139,606 5.6% 59,053
South Central 1,434,649 3.6% -1,724
Southeast 9,223,111 8.8% 44,987
Southwest 272,660 17.6% -12,500
Round Rock 3,578,300 13.4% 85,241
Totals 45,050,853 9.6% 256,247


See Austin Industrial Snapshot 1Q 2015 (PDF) for the full report.

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