Figures
Austin Industrial Market Figures Q4 2022
January 17, 2023
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- 2022 was a record year for industrial absorption in Austin, with 4.2 million sq. ft. of net absorption over the year.
- Industrial asking rents were up 4.4% year-over-year to a market average of $11.56 NNN.
- Developers in Austin have responded to supply chain realignment that has driven industrial demand across the country and ready to offer new product in Central Texas.