Industrial Market Snapshot San Antonio Second Quarter 2014

Asking Rent $/SF
By Submarket Total Inventory SF Vacant SF Vacant % Average Rent. YTD Absorption
Citywide 33,685,029 1,977,334 5.9% $7.83 448,008
CBD 223,395 0 0% $3.60 28,548
Non-CBD 33,451,634 1,977,334 5.9% $7.87 419,460
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 2014

By Submarket Total Inventory SF Vacant SF Vacant % Average Rent. YTD Absorption
Citywide 28,421,603 4,962,630 17.5% $19.95 612,054
CBD 5,728,263 1,533,790 26.8% $19.98 182,545
Non-CBD 22,693,340 3,448,840 15.2% $19.94 429,509