VACANCY AT 24.6% The overall vacancy rate in the FM 1960/Highway 249 office market was up 60 basis points quarter-over-quarter, up 90 basis points year-over-year, and slightly above the metro average of 24.4%. The… Continue Reading
NET ABSORPTION In the second quarter, Midtown overall net absorption remained positive at 12,300 sq. ft. Class A registered at negative 54,000 sq. ft. and Class B recorded positive 15,800 sq. ft. Companies are attracted… Continue Reading
San Antonio Retail absorption up significantly year-over-year . Market Highlights SUPPLY & DEMAND The amount of new supply (592,000 sq. ft.) outpaced demand for retail space (419,000 sq. ft.) during the first eight months of… Continue Reading
Demand outpaces supply in Austin Retail market during first eight months of year for first time since 2016. Market Highlights SUPPLY & DEMAND Demand for retail space (973,000 sq. ft.) outpaced supply (668,000 sq. ft.)… Continue Reading
Texas Medical Center breaks ground on $1.8 billion TMC3 life sciences campus. Texas medical center Market Highlights VACANCY AT 18% Overall vacancy for medical office space in the Houston market is at 18.0%, up 20… Continue Reading
Asking rent in San Antonio Office market remains elevated at second-highest average on record. Market Highlights SUPPLY & DEMAND Demand for office space is in the red at negative 33,400 sq. ft., outpaced by supply… Continue Reading
Net absorption in Austin Office market up significantly year-over-year. Office Lease Austin. CONSTRUCTION Year-over-year, as of August 2021, 6.3 million sq. ft. of office space was under construction, representing about 6.5% of inventory in the… Continue Reading
San Antonio Industrial vacancy rate down 110 basis points year-over-year to 5.7%. SUPPLY Demand for industrial space (2.6 million sq. ft.) outpaced supply (1.4 million sq. ft.) during the first eight months of 2021 in… Continue Reading
Austin Industrial market records all-time record for volume of lease transactions signed year-to-date through August. Market Highlights SUPPLY Demand for industrial space (4.0 million sq. ft.) outpaced supply (1.2 million sq. ft.) during… Continue Reading
Demand outpaces supply in Houston Retail market during first eight months of year for first time since 2016. SUPPLY & DEMAND Demand for retail space (3.2 million sq. ft.) outpaced supply (1.9 million sq. ft.)… Continue Reading