Industrial Market Snapshot San Antonio Second Quarter 2015

Asking Rent $/SF
By Submarket Total Inventory SF Vacant SF Vacant % Average Rent. YTD Absorption (s.f)
Citywide 34,430,062 2,898,914 8.4% $7.74 591,010
CBD 233,395 0 0.0% $3.60 0
Suburban 34,196,667 2,898,914 8.5% $7.74 591,010
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 2015

By Submarket Total Inventory SF Vacant % Average Rent. YTD Absorption (s.f)
Citywide 25,938,334 13.6% $22.41 334252
CBD 5,199,872 20.7% $20.31 14,514
Suburban 20,738,462 12.3% $23.33 319,798

Source: JLL