Monthly Market Snapshot

San Antonio Office

Monthly Market Snapshot


MAY 2017

Market Highlights

Quarter-to-date, San Antonio’s office market leasing volume has posted close to 100 deals totaling more than 232,000 sq. ft., with the average deal size 2,400 sq. ft.

The largest recent lease signed is MCCI Medical Group, moving into 20,000 sq. ft. at Travis Park Plaza on 711 Navarro St. in the Central Business District. MCCI will absorb the entire sixth floor, occupying the building with other tenants including Linebarger Goggan Blair and Symphony Society of San Antonio.

San Antonio’s office market has reported more tenants moving out of space than tenants moving in; as a result, absorption is down quarter-to-date.

The trend of growing rental rates has continued throughout the San Antonio metro. The average gross rental rate continues to rise above $21.00 per sq. ft., the highest historical rates tracked for this market.

The construction pipeline is at 1.0 million sq. ft. across six developments located in the North Central and Northwest submarkets, including Frost Tower, in the CBD. The new office construction is about 57% preleased.

Two properties have come online year-to-date, with 150,735 sq. ft. at Vista Corporate Center 100% leased, and 29,795 sq. ft. at Teralta Corporate Park 20% leased.

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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Special Report

Buffalo Bayou Office Flooding

 

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 North Submarket September 2017

Houston Northwest Submarket July 2017

Houston Southeast Submarket June 2017

 

Office Submarket Spotlight

San Antonio Northwest Submarket August 2017

 

Sublease Digest

Houston Office August 2017

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 September 2017

Houston Industrial September 2017

Houston Retail August 2017

AUSTIN

Austin Office August 2017

Austin Industrial August 2017

SAN ANTONIO

San Antonio Office September 2017

San Antonio Industrial August 2017

 

Market Insight

Market Insight

 

Monthly Snapshots (Historical)

 

Houston Office August 2017

Houston Industrial August 2017

Houston Office June 2017

Houston Industrial June 2017

Houston Retail June 2017

Houston Retail March 2017

Houston Office March 2017

Houston Industrial March 2017

 

 

San Antonio Office August 2017

San Antonio Office June 2017

San Antonio Industrial June 2017

 

Austin Office June 2017

Austin Industrial June 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