Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Texas  + Industrial  | 

Austin’s Q3 Industrial: Mixed Numbers, But Optimistic

The Q3 2019 reports for Austin’s industrial sector appeared to be all over the place. While NKF and CBRE pointed to a softening market, Colliers International pointed to a jump in new construction and absorption, as did NAI Partners. The reports were also mixed on asking rates, with some pointing to jumps, and others noting a decline. All cited low unemployment rates, and more supply coming to the market.

As for the outlook, the Cushman & Wakefield report pointed out that, despite the potential headwinds of a slowing economy, “Austin’s diversified economy appears poised to withstand a downturn better than most cities, and confidence in the Texas capital remains strong.”

NKF agreed, pointing out that, with the Austin market ranked No. 1 in the PricewaterhouseCoopers and Urban Land Institute Emerging Trends in Real Estate 2020 report, “the high level of continued interest in the region . . . and increasing development indicate that the Austin industrial market has the necessary tools as it waits for stronger demand from tenants to bolster activity.”

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

New call-to-action
New call-to-action
New call-to-action