Industrial Market Snapshot San Antonio Second Quarter 2016

By Submarket Total Inventory SF Vacant SF Vacant % Average Rent. YTD Absorption (s.f)
Citywide  37,387,908 2,720,192 7.3% $5.87 1,687,346
CBD 233,395 0 0.0% $3.60 0
Suburban  37,154,513 2,720132 7.3% $5.87 1,678,346
Note: Inventory includes all multi-tenant, single tenant, and owner-occupied buildings with at least 10,000 sq. ft. Vacant space includes physically vacant sublease space. Asking Rates are per square foot per year, triple net. Rates for each building are weighted by the amount of available space in the building.

Vacancy and Availability: The vacancy rate is the amount of physically vacant space divided by the inventory and includes direct and sublease vacant. The availability rate is the amount of space available for lease divided by the inventory.

Source: REOC San Antonio

 

Office Market Snapshot San Antonio Second Quarter 2016

By Submarket Total Inventory SF Vacant % Average Rent. YTD Absorption (s.f)
Citywide 26,561,851 15.6% $23.05 481,463
CBD 5,108,350 24.1% $20.76 -153,818
Suburban 21,453,501 13.6% $24.04 635,281

Source: JLL