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Old Posted Nov 15, 2007, 5:11 PM
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sirkingwilliam sirkingwilliam is online now
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SA: More than six million square feet of retail is currently under construction

http://recenter.tamu.edu/recon/

Quote:
Alamo City's Thriving Retail

SAN ANTONIO (San Antonio Business Journal) – More than 800,000 square feet of new retail space entered the market during the third quarter, according to the latest analysis by locally based NAI REOC Partners.

By the end of September, the city’s overall retail inventory stood at 38.7 million square feet, a 5.4 percent jump from the end of third quarter 2006. More than six million square feet are currently under construction.

The vacancy rate for the retail sector stood at 11.2 percent, compared with last year’s 11.1 percent.
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