Austin) - The Austin industrial market is on pace to enjoy its fifth consecutive year of positive absorption, according to David Barber with NAI Commercial Industrial Properties in Austin. Flex and office/warehouse properties are experiencing steady activity. Kevin Roberts, president of the Central Texas Region for Transwestern, adds that the north and south submarkets are the places to be for industrial space, with the north being the largest in terms of sf and the south due to the relocation of Austin's major airport. The southeast submarket, in particular, is booming with approximately 3 million sf under construction and an additional 1 million sf planned.
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source: tamu.edu
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