Connect Midwest: Multifamily Adaptive & Reuse Trends – Chicago June 13

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  + Office  | 

SA Office Market Hits Record Absorption

The San Antonio office market experienced a record 2016, absorbing just under 1.3 million square feet, according to data from Tranwestern. In comparison, the average annual absorption rate over the last five years averaged 604,000 square feet in Q4.

Leading the way in Q4 for the Alamo City was USAA’s set of building leases at VISTA Corporate Center (157,472 square feet) and Westridge Two at La Cantera (129,015 square feet). Also in the hopper was Oracle’s 50,576-square-foot lease at The Spectrum, and Time Warner’s 51,298 square feet at One51 Office Center.

Additionally, growing demand increased delivery to the market during the past two years, with 1.6 million square feet coming online since 2015.

Subscribe to Connect Daily Texas

For comments, questions or concerns, please contact Amy Sorter

For advertising information, please contact Joni Margotta


Inside The Story

Download the ReportConnect with Transwestern's Dominguez

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.