EXECUTIVE SUMMARY Positive industrial market indicators Austin’s industrial market got even tighter during the third quarter of 2018, with the overall vacancy rate dropping marginally to 6.4%, a decrease of 30 basis points quarter-over-quarter,… Continue Reading
EXECUTIVE SUMMARY Vacancy increases as rents reach all-time high San Antonio’s overall industrial vacancy rate grew to 6.2% in Q3 2018, an increase of 40 basis points quarter-over-quarter, and 120 basis points year-over-year. Net… Continue Reading
EXECUTIVE SUMMARY Vacancy down despite new deliveries to market Austin’s overall vacancy rate dropped to 8.4% in Q3 2018, a decrease of 20 basis points quarter-over-quarter, and down 10 basis points year-over-year. Net absorption… Continue Reading
EXECUTIVE SUMMARY Vacancy increases slightly as development booms Houston’s overall industrial vacancy rate grew to 5.7% in Q3 2018, an increase of 40 basis points quarter-over-quarter, and 50 basis points year-over-year. Net absorption was… Continue Reading
The number of craft breweries in San Antonio has octupled in only five years Prior to 2013, San Antonio was home to a mere three craft breweries, totaling 23,751 sq. ft. of mostly… Continue Reading
The number of craft breweries in Austin has nearly quadrupled in only five years Prior to 2013, Austin was home to just 17 craft breweries, totaling 239,896 sq. ft. of mostly industrial space. The… Continue Reading
EXECUTIVE SUMMARY Office market vacancy decreases Houston’s overall vacancy rate decreased to 21.5% in Q3 2018, down 30 basis points quarter-over-quarter and 60 basis points year-over-year. Net absorption ended Q3 2018 in positive territory… Continue Reading
EXECUTIVE SUMMARY San Antonio office market hits record high for rents Full-service asking rents rose by $0.11 per sq. ft. quarter-over-quarter to close Q3 at $22.35—an all-time high—with an increase of $0.37 per sq.… Continue Reading
Houston exceeds nation for construction job growth From July 2017 to July 2018, the Houston area added 25,500 construction jobs, according to the Associated General Contractors of America (AGC). That is more jobs added… Continue Reading
Highlights The NAI Partners Sublease Index—measured by the amount of sublease space as a percentage of total available space—decreased 60 basis points to 13.9% in September. This is the lowest the Index has measured… Continue Reading