Industrial Market Snapshot San Antonio Second Quarter 2013

Asking Rent $/SF
By Submarket Total Inventory SF Vacant SF Vacant % WH/Dist. R&D/Flex
CBD 6,318,868 638,205 10.1% $7.02 $4.00
Far Northwest 3,439,552 223,570 6.5% $5.28 N/A
Far West 490,131 258,299 52.7% $8.22 $14.00
North Central 10,171,706 722,191 7.1% $4.46 $8.17
Northeast 29,565,766 1,714,814 5.8% $4.02 $7.32
Northwest 8,527,387 648,081 7.6% $4.22 $8.70
Port San Antonio 3,770,421 196,061 5.2% $4.00 $8.50
South 8,219,416 509,603 6.2% $2.40 N/A
Total 70,503,247 4,910,824 7.1% $4.31 $8.19
Note: Inventory includes all multi-tenant, single tenant, and owner-occupied buildings with at least 10,000 sq. ft. Vacant space includes physically vacant sublease space. Asking Rates are per square foot per year, triple net. Rates for each building are weighted by the amount of available space in the building.

Vacancy and Availability: The vacancy rate is the amount of physically vacant space divided by the inventory and includes direct and sublease vacant. The availability rate is the amount of space available for lease divided by the inventory.

 

Office Market Snapshot San Antonio Second Quarter 2013

By Submarket Total Inventory SF Vacant SF Vacant %
CBD 5,069,708 770,595 15.2%
Far North Central 2,093,176 270,019 12.9%
Far Northwest 461,154 127,739 27.7%
Far West 201,986 - 0.0%
North Central 8,509,163 1,114,700 13.1%
Northeast 2,052,504 270,930 13.2%
Northwest 8,035,238 1,301,708 16.2%
South 472,601 92,157 19.5%
Total 26,895,530 3,947,848 14.7%