Q1 2018 | Austin Industrial | Research & Forecast Report
Austin’s industrial market starts the year with positive movement in construction
Austin’s industrial market posted 382,166 SF of positive net absorption in the first quarter of 2018. There were a few sizeable tenants that moved into large blocks of space in the first quarter of 2018, including XPO Last Mile occupying approximately 57,500 SF at 15400 Long Vista Drive in the North submarket.
There are at least 10 blocks of space that will be occupied by new tenants in Q2 2018, with over half a million square feet of new product set to deliver in Q2 2018 and 239,673 SF of that is build-to-suit.
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