Global companies remembering San Antonio for more than just the Alamo Texas continues to be one of the fastest-growing states in the country, with an inflow of people relocating from other parts of the… Continue Reading
Market Highlights Construction pipeline yields plenty of available space. During 2017, 1.46 million sq. ft. has been delivered to the market, with 68% of that new supply available for lease. Overall net absorption is… Continue Reading
Market Highlights Market and sales activity. The vacancy rate stood at 5.5% midway into the fourth quarter, with year-to-date net absorption at 6.4 million sq. ft. and deliveries at 8.4 million sq. ft. The… Continue Reading
Market Highlights LaCenterra at Cinco Ranch sold. RCA data reports year-to-date retail shops and centers sales volume in the Houston area at $1,240.6 billion, resulting in a year-over-year change of –6%. The buyer composition… Continue Reading
Market Highlights Net absorption rebounding back to black quarter-to-date. New supply completed during 2017 stands close to 2.6 million sq. ft., with year-to-date net absorption at -35,203 sq. ft., although quarter-to-date net absorption is… Continue Reading
Society of Industrial and Office Realtors, Houston/Gulf Coast Chapter Speaker: Paul Bettencourt, Texas Senator, District 7 First elected to the Senate in 2014, Paul Bettencourt represents Senate District 7, which includes portions of Harris… Continue Reading
Market Highlights Supply outpacing demand, nudging vacancy up. The Austin office market vacancy rate stood at 9.4% moving into the fourth quarter, with year-to-date net absorption at 1.36 million sq. ft. and deliveries at… Continue Reading
Market Highlights Deliveries outpacing demand, bumping vacancy up. The San Antonio office market vacancy rate stood at 10.3% moving into the fourth quarter, with year-to-date net absorption at 665,000 sq. ft. and deliveries at… Continue Reading
Market Highlights Less office inventory damage than expected from Harvey. Hurricane Harvey’s impact on Houston’s office market was far less evident than the severe blow to single-family residential. The storm is being called a… Continue Reading
The Southwest submarket contains 69.7 million sq. ft. of inventory, with Warehouse/Distribution representing 50 million sq. ft. of that total, Manufacturing 7 million sq. ft., and Flex space 12 million sq. ft. Of the more… Continue Reading