San Antonio Retail Figures Q4 2023

February 21, 2024 5 Minute Read

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  • Overall market demand slowed down but remained positive with roughly 68,000 sq. ft. of net absorption in Q4 2023.
  • Market-wide occupancy stabilized, with no change quarter-over-quarter.
  • The leisure and hospitality sector exhibited resilience, with employment experiencing a 3.2% quarter-over-quarter increase.
  • Deliveries tapered off with only three projects totaling 68,294 sq. ft. delivering in Q4 2023.