Q4 2017 | Austin Industrial | Research & Forecast Report
Austin's industrial market ends the year on a positive note with additions to the pipeline
Austin’s industrial market had positive net absorption for the first time in 2017, posting 324,922 SF of positive net absorption in Q4. There were a few sizeable tenants that moved into large blocks of space in the fourth quarter of 2017, including Free Speech Systems moving into approximately 32,000 SF at 6231 East Stassney Lane in the Southeast submarket.
Looking forward, there are at least 20 blocks of space being filled by tenants, in Q1 2019. There is also over half a million square feet of new product set to deliver in Q1 2018, with 195,000 SF of that being built-to-suit.
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