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AQUILA Commercial today announced the launch of the 1Q 2020 Austin Industrial Market Report.
AQUILA recently solidified its status as an industrial real estate powerhouse in Austin, hiring three new industrial brokers in 2019 and landing a number of significant industrial leasing assignments over the past year, bringing the total portfolio to over 2 million square feet. Now the company is also expanding its industrial market analysis and research capabilities.
AQUILA, already known for its comprehensive and informative quarterly office market report, presents a relaunch of its industrial publication with completely revamped content and in-depth market insight and analysis.
The new report features quarterly rental rates, vacancy rates and absorption by submarket as it did previously, but now also features in-depth market data, including:
Of significant note from the first quarter is the emergence of Hays County as a major player in the Austin-area industrial market. While developers have shown interest in the area as of late, the signing of the Amazon lease at Park 35 in Buda, Texas really solidified its prominence.
“2019 was a banner year for the AQUILA Industrial Team. The addition of heavy hitters Blake Patterson and Omar Nasser to our team in February 2019 allowed us to really expand our industrial horsepower,” says Leigh Ellis, SIOR, principal with AQUILA and industrial team lead.
“In addition, we have taken on a number of prominent listings, including the Stonelake industrial portfolio, Kyle Crossing and the MetCenter II portfolio. We’re pleased to now be able to offer our clients a robust analysis of Austin’s booming industrial market in our new-and-improved Austin Industrial Market Report.”
To access the full report, visit: https://resources.aquilacommercial.com/download-latest-austin-industrial-overview
Founded in 2007, AQUILA Commercial is a recognized leader in Austin commercial real estate. Today AQUILA manages and leases over 10 million square feet of office, industrial and retail properties and has over 550 corporate tenant representation clients. AQUILA offers clients full service real estate solutions, providing tenant representation, project leasing and asset, property and project management services for office, industrial and retail properties. For more information, visit: www.aquilacommercial.com.