• Net absorption of  160,000 sq. ft. in Q4 2017 pushed 2017 to an annual total of almost 1.2 million sq. ft.
  • The vacancy rate finished the year at 9.7%, well below the market’s cycle high and lower than the 10-year average.
  • Market-wide average asking rates (warehouse) registered small quarterly and annual contractions. Class A warehouse rents grew by 4.4% compared to Q3 2017.
  • Annual speculative deliveries for 2017 reached over 2.2 million sq. ft., six additional speculative projects remained under construction at the end of 2017.
  • San Antonio’s regional economy continued expanding as 30,800 seasonally adjusted jobs were added year-over-year in November 2017.