Monthly Market Snapshot

San Antonio Office

Monthly Market Snapshot


JUNE 2017

Market Highlights

The total average gross rental rate for the San Antonio metro continues to rise, standing at $21.38 per sq. ft. year-to-date—the highest rate ever tracked for this market.

Net absorption for the overall office market is at positive 258,818 sq. ft. year-to-date. Direct space absorbed 314,115 sq. ft., balancing the negative 55,297 sq. ft. from sublease space.

Hulu recently signed a 60,000-sq.-ft. long-term lease at 4511 Horizon Hill Blvd. at Fountainhead Park, in Northwest San Antonio. The company will initially occupy 45,000 sq. ft. on the third floor in the fall of 2017, and is expected to take over an additional 14,000 sq. ft. on the second floor by September 2018.

The amount of space delivered to the market year-to-date represents 180,530 sq. ft., of which roughly 25,000 sq. ft. is available for lease. As for the construction pipeline, close to 1.3 million sq. ft. is underway across eight properties, with 50% pre-leased. Almost 600,000 sq. ft. of current construction is scheduled for delivery in June and July of 2017.

San Antonio ranks No. 3 among U.S. cities for the largest one-year population increase from July 2015 to July 2016, according to the U.S. Census Bureau. Meanwhile, New Braunfels ranked No. 9 on the list of cities with more than 50,000 residents that had the highest growth rate over that one-year period.

Research Snapshot San Antonio Office

Research Snapshot San Antonio Office

 

Research Snapshot San Antonio Office

 

Leta Wauson
Director of Research
leta.wauson@naipartners.com
tel 713 275 9618

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Quarterly Reports

HOUSTON

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

Q2 2017 Retail Market Report

SAN ANTONIO

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

AUSTIN

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

 

Industrial Submarket Spotlight

Houston Northwest Submarket July 2017

Houston Southeast Submarket June 2017

 

Office Submarket Spotlight

San Antonio Northwest Submarket August 2017

 

Sublease Digest

Houston Office July 2017

Houston Office June 2017

Houston Office May 2017

Houston Office April 2017

Houston Office March 2017

Houston Industrial March 2017

 

Monthly Snapshots

HOUSTON

Houston Office August 2017

Houston Industrial August 2017

Houston Retail June 2017

AUSTIN

Austin Office June 2017

Austin Industrial June 2017

SAN ANTONIO

San Antonio Office June 2017

San Antonio Industrial June 2017

 

Market Insight

Market Insight

 

Monthly Snapshots (Historical)

 

Houston Office June 2017

Houston Industrial June 2017

Houston Retail May 2017

Houston Retail March 2017

Houston Office March 2017

Houston Industrial March 2017

 

San Antonio Office May 2017

San Antonio Industrial May 2017

 

Austin Office May 2017

Austin Industrial May 2017

 

Data InSight

Data InSight

 

Quarterly Reports (Historical)

HOUSTON

Q1 2017 Office Market Report

Q1 2017 Industrial Market Report

Q4 2016 Office Market Report

Q1 2017 Retail Market Report

 

SAN ANTONIO

Q1 2017 Office Market Report

 

​Q1 2017 Industrial Market Report

AUSTIN

Q1 2017 Office Market Report

Q1 2017 Industrial Market Report

 

SoundBytes

May 22, 2017

May 11, 2017

April 20, 2017

March 28, 2017

 

Resources

I-35 Corridor Activity Map

The New #CREcosystem Refresh - featuring contributions from Larry Koestler, VP of Marketing