Vacancy increased slightly at 10.4% compared to this time last year at 10.0%. Gross average asking rental rates keep climbing, rising to $23.23 per sq. ft.—a new all-time high— up $1.12 from May 2018.… Continue Reading
Austin has maintained a steady, high occupancy rate in the retail sector at or above 95.0% during the last five years, registering at 95.8% midway through the second quarter of 2019. Of the 1.5… Continue Reading
San Antonio has maintained an occupancy rate in the retail sector at or above 94.0% for five years, registering at 94.8% midway through Q2 2019. Tenancy of the 600,000 sq. ft. delivered to the… Continue Reading
Midway through the second quarter, overall vacancy is at 7.7%, up 70 basis points from this time last year at 7.0%. Year-to-date, almost 1 million sq. ft. of industrial product has been delivered to… Continue Reading
Houston has maintained a steadily high occupancy rate in the retail sector of 94% or higher for five straight years, and registered at 94.6% midway through the second quarter of 2019—unchanged from this time… Continue Reading
Industrial market expanding. Overall vacancy is at 7.0%, up from 5.7% at this time last year, due in part to the 543,000 sq. ft. of vacant space delivered to the market in 2019. The… Continue Reading
All indicators pointing upward. Vacancy increased slightly at 9.0% compared to this time last year at 8.6%. Gross average asking rental rates keep climbing at $35.81 per sq. ft., up $1.34 from May 2018.… Continue Reading
Of the record-breaking 20.2 million sq. ft. of space currently under construction, 26% has been spoken for. In addition, a 627,000-sq.-ft. speculative industrial project is about to break ground in north Houston. Fairway North… Continue Reading
The North submarket contains 102 million sq. ft. of inventory, with Warehouse/Distribution representing 78 million sq. ft. of that total, Manufacturing 12 million sq. ft., and Flex space 10 million sq. ft. Of the… Continue Reading
The Northeast submarket contains 37 million sq. ft. of inventory, with Warehouse/Distribution representing 29 million sq. ft. of that total, Manufacturing 7 million sq. ft., and Flex space 580,000 sq. ft. Of the more… Continue Reading