San Antonio Industrial: Plenty of Space, Investment Sales

During 2017, 1.5 million square feet of industrial space was delivered to the San Antonio market, according to data provided by NAI Partners. The research also noted that more than 1 million square feet of San Antonio industrial space was absorbed, which put the year-to-date vacancy at 5.9%. In addition, 68% of the new supply is available for lease, and the total amount of square footage under construction is 869,207.

Also on an upward trend have been investment sales, with sales of major industrial properties increasing 66.1%, year over year, midway through Q4 2017. According to Real Capital Analytics, investment sales total $423 million, with the buyer composition consisting of 37% cross-border, 36% private, 12% REIT/listed, 8% institutional and 7% user/other.

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