This document provides an industrial real estate market overview for Austin, Texas in Q3 2016. It includes data on vacancy rates, average asking rental rates, available square footage, and absorption by property type (warehouse and flex/R&D) and submarket. The citywide warehouse vacancy rate was 4.7% in Q3 2016, down from the previous quarter, while flex/R&D space saw a vacancy rate of 7.3%. Average asking rental rates increased for both warehouses and flex/R&D space compared to previous periods.
2. AQUILA KNOWS AUSTIN
Leigh Ellis
Lead Industrial Broker
512 684-3802
ellis@aquilacommercial.com
Clayton Schleimer
Market Research Coordinator
512 684-3809
schleimer@aquilacommercial.com
AQUILA Commercial is dedicated to providing
quality service to our clients. We understand that
real time market data helps our clients make
smart, informed real estate decisions. This report
is produced and distributed quarterly. To receive
our updates, opt in at aquilacommercial.com.
KEEPING YOU INFORMED
DISCLAIMER This report utilizes various real
estate and economic data sources. The
information contained herein is confidential and
proprietary in nature. No warranties or
guarantees are made as to the accuracy of the
information contained herein.
3. Citywide Warehouse Performance 4
Citywide Flex/R&D Performance 7
Citywide Total Industrial Performance 10
North Submarket Warehouse Performance 14
North Submarket Flex/R&D Performance 15
North Submarket Total Industrial Performance 16
Southeast Submarket Warehouse Performance 17
Southeast Submarket Flex/R&D Performance 18
Southeast Submarket Total Industrial Performance 19
Northeast Submarket Warehouse Performance 20
Northeast Submarket Flex/R&D Performance 21
Northeast Submarket Total Industrial Performance 22
Round Rock & Georgetown Submarket Warehouse Performance 23
Round Rock & Georgetown Submarket Flex/R&D Performance 24
Round Rock & Georgetown Submarket Total Industrial Performance 25
Far Northeast Submarket Warehouse Performance 26
Far Northeast Submarket Flex/R&D Performance 27
Far Northeast Submarket Total Industrial Performance 28
Austin Industrial Submarket Map
CONTENTS