Source: REOC San Antonio
After a troubled start to the year, the San Antonio industrial market experienced a healthy rebound in the second quarter offsetting losses recorded in the first three months of the year and raising year-to-date absorption into the black.
Although somewhat moderated by the moves and downsizings of a few large users, the local industrial market continues to see an uptick in demand as leasing velocity slowly gains strength. For the first time since the market turned at the end of 2008, there is new speculative construction underway and the market has begun to see some real momentum related to the Eagle Ford Shale in terms of both leasing activity key land sales.
Download our 2Q 2011 Industrial market snapshot report and read Eagle Ford Shale fuels activity in San Antonio’s industrial real-estate market (San Antonio Business Journal, 7-29-11)
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