According to the San Antonio Business Journal, commercial real estate has improved drastically since 2009 in our large city. The numbers for the amount of leased space in 2010 may top historical averages and it's amazing what a differencea year can make. Reporter, Tricia Lynn Silva from SA's bizjournal stated that San Antonio's market is on track to absorb some 800,000 square feet of office space by the close of 2010.
"Absorption", of course, is the net amount of space lease in the market in a given time. 800,000 square feet by the end of 2010? Imagine what 2011 will bring to the commercial real estate market in San Antonio!
Compared to 2009's unimpressive numbers, 2010 has been kind to San Antonio's commercial real estate market. Read more about the improvements HERE
2011 should be BOOMING! :) Get ready to see more of THESE SIGNS around!
"Absorption", of course, is the net amount of space lease in the market in a given time. 800,000 square feet by the end of 2010? Imagine what 2011 will bring to the commercial real estate market in San Antonio!
Compared to 2009's unimpressive numbers, 2010 has been kind to San Antonio's commercial real estate market. Read more about the improvements HERE
2011 should be BOOMING! :) Get ready to see more of THESE SIGNS around!
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