San Antonio Retail Market Figures Q3 2022

November 10, 2022

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  • Market-wide occupancy grew to 95.3% in Q3 2022, up 10 basis points (bps) from the previous quarter.
  • Healthy leasing activity continued to tighten vacancies, with five submarkets registering occupancy increases across the San Antonio-New Braunfels metro area this quarter.
  • New residents pushed population growth rates to nearly 1.1% year-over-year and over 7.0% over the last five years.
  • Construction completions continued to slow down in the second half of 2022, with only two projects delivering this quarter in the Northwest submarket.